Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Jul 23, 2002
Corporate Auditing Integrity Act of 2002 - Directs the Securities and Exchange Commission (SEC) to establish within its Division of Corporate Finance the Office of Audit Review to participate in and supervise all stages of the audit of a public company.Instructs the SEC to: (1) establish fee assessments to recover Office expenses; and (2) establish criteria to determine which public companies shall be subject to enhanced oversight by the Office. Requires such criteria to include: (1) the size and nature of the public company; (2) the company's participation in recent mergers; (3) other key factors including labor relations, marketing programs, new products, research, and development; and (4) any other circumstances the SEC identifies as posing a high risk of business failure or wrong doing.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 19, 2025. Consult Congress.gov for the current record.
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