Question

What is the role of the AICPA? The PCAOB? The Institute of Internal Auditors (IIA)?

Answer 1

The American institute of certified public accountants plays a key role in ensuring that accounting professionals are held to the highest standards. To ensure member success in all aspects. AICPA provides resources to help members gain more credentials and master the skills that would help them succeed.

PCAOB stands for the public company accounting oversight board. It's role is to oversee auditors of public companies, protect the interest of investors and further the public interest in the preparation of informative, accurate, and independent audit reports. The PCAOB does this through it's standards setting, inspections, enforcement and outreach programs.

The Institute of Internal Auditors is the internal audit profession's global voice, recognized authority, acknowledged leader, chief advocate, and principal educator. Generally members work in internal auditing, risk management, governance, internal control, information technology audit , education and security.