Statement of Protocol: US Public Company Accounting Oversight Board and ob体育
Both the Public Company Accounting Oversight Board (PCAOB) in the United States and ob体育 seek to improve the accuracy and reliability of audit reports so as to protect investors and help promote public trust in the audit process and investor confidence in their respective capital markets.
Given the global nature of capital markets, the PCAOB and the ob体育 recognise the need for mutual cooperation in matters related to the oversight of the auditors of multinational companies whose securities trade in public markets. The PCAOB and the ob体育 envision that this Statement of Protocol will facilitate such cooperation.