public accounting firm

Definition

A firm that is registered with the Public Accounting Oversight Board to provide accounting services to a public company. The Sarbanes-Oxley Act of 2002 included a provision prohibiting any company that is not registered with the board from preparing, furnishing, or participating in an audit of a public company.

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He worked in a public accounting firm and that was all he needed to succeed and he did by a long shot.

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You may want to try and get a good public accounting firm on your side that can help you save more money.

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The public accounting firm was responsible for making sure that the hang-glider franchise was keeping as healthy of a bottom line as possible while paying all applicable taxes.

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