... A. Griffin (editor) for encouraging us to write this paper. October 2013 January 2014 2014 Sarbanes-Oxley regulation SEC PCAOB audit cost benefit analysis For firms subject to section 404, the PCAOB in 2007 adopted Audit Standard 5 (AS5), which significantly relaxed...

... audit regulation audit quality SOX cost benefit analysis It has been more than ten years since the Sarbanes-Oxley Act of 2002 (SOX) created the Public Company Accounting Oversight Board (PCAOB) to regulate public company auditing. Because a decade provides sufficient time for the contours...