US oversight board gets temporary head

Link: US audit watchdog bares its teeth

Niemeier was previously the chief accountant at the SEC’s enforcement division and a co-chairman of the financial fraud task force before his appointment to the Public Company Accounting Oversight Board.

The accountancy oversight board was established under the Sarbanes-Oxley Act to oversee the audits of public company’s financial statements. Niemeier will serve as chairman until the SEC votes to appoint a permanent head of the group.

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