Sarbanes-Oxley Act 2002: Primary federal law that established new or enhanced standards for all U.S. public company boards, management, and public accounting firms. Includes requirements for internal controls and financial reporting.
Securities Exchange Act 1934: Federal law governing secondary trading of securities, establishing the SEC, and requiring periodic reporting for public companies.
Securities Act 1933: Federal law requiring registration of securities offerings and detailed financial and other significant information about public securities.
GAAS: Generally Accepted Auditing Standards - Professional standards governing the conduct of financial audits by certified public accountants.
PCAOB Standards: Public Company Accounting Oversight Board standards that govern the audits of public companies and other issuers.
AICPA SAS: American Institute of CPAs Statements on Auditing Standards - Authoritative standards for conducting audits of private companies.
SEC Requirements: Securities and Exchange Commission specific requirements for public company audits and reporting.
AU-C Section 230: AICPA audit documentation requirements specifying standards for preparation and maintenance of audit documentation.
PCAOB AS No. 3: PCAOB Auditing Standard for Audit Documentation, establishing requirements for audit documentation in public company audits.
Gramm-Leach-Bliley Act: Federal law requiring financial institutions to explain their information-sharing practices and protect sensitive data.
Quality Control Standards: Combined AICPA and PCAOB standards governing quality control policies and procedures for audit firms.
