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Are OTCBB company auditors required to be registered with the Public Company Accounting Oversight Board (PCAOB)?

April 26, 2017Accounting auditors COMPANY otcbb PCAOB public registered

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Are OTCBB company auditors required to be registered with the Public Company Accounting Oversight Board (PCAOB)?

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Effective October 22, 2003, auditors of all domestic public companies must be registered with PCAOB. As specified in Section 102 of the Sarbanes-Oxley Act, it is unlawful for an auditor of a public company to issue an audit opinion if they are not registered with PCAOB. Filings with audit opinions of an unregistered PCAOB auditor are considered to be incomplete and not in compliance with Rule 6530.