Several issues ago, I wrote of how the Enron and WorldCom debacles more or less defined my tenure as editor-in-chief at Accounting Today.Much like a stubborn barnacle appended to the bottom of a garbage scow, the serial dramas continued for nearly five years, influencing much of the content within these pages, and no doubt future editorial as well. With the recent appointment of a new chair in Mark Olson at the Public Company Accounting Oversight Board, I realized that my contact with the PCAOB has lasted nearly as long.
A congressional by-product of the Sarbanes-Oxley Act, the oversight body emerged from very shaky - some might even say embarrassing - beginnings to become a concern with roughly 500 staff members and nine offices.
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