Naveed Ahmed is an accomplished professional with extensive experience in financial oversight and auditing. Currently serving as an Inspector at the Public Company Accounting Oversight Board (PCAOB) since September 2023, Naveed focuses on inspecting financial statements of US issuers and reviewing audit work to ensure compliance with various regulatory standards. Previously, as VP and Senior Business Control Specialist at Bank of America from March 2019 to August 2023, Naveed led technology risk program implementations and managed compliance processes. Prior roles include IT Enablement SAP Risk & Controls Analyst and Global Internal Auditor at Schlumberger, where responsibilities included designing internal controls and leading IT audits globally, and Manager in Advisory Services at EY, overseeing integrated audits and risk assessments. Naveed holds an MBA from the University of Illinois Urbana-Champaign, as well as a Bachelor of Science in Accounting from the University of Central Florida and a Bachelor of Science in Computer Engineering from the University of Florida.
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Public Company Accounting Oversight Board (PCAOB)
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The PCAOB is a nonprofit corporation established by Congress to oversee the audits of public companies in order to protect investors and further the public interest in the preparation of informative, accurate, and independent audit reports. The PCAOB also oversees the audits of brokers and dealers registered with the Securities and Exchange Commission (SEC), including compliance reports filed pursuant to federal securities laws. The PCAOB has four primary duties: - Register public accounting firms that prepare audit reports for issuers, and SEC-registered brokers and dealers. - Establish or adopt auditing and related attestation, quality control, ethics, and independence standards. - Inspect registered public accounting firms' audits and quality control systems. - Investigate and discipline registered public accounting firms and their associated persons for violations of specified laws, rules, or professional standards. In support of our mission, we also conduct economic research and risk analysis, engage with our stakeholders and other domestic and international regulators, and manage a talented workforce and the technology and resources we need to perform our duties. The SEC has oversight authority over the PCAOB, including the approval of the Board's rules, standards, and budget. The PCAOB has approximately 800 staff members. We maintain our headquarters in Washington, D.C., and have 15 other offices or locations across the United States. As of December 31, 2021, in 83 jurisdictions across the globe, 1,709 public accounting firms were registered with the PCAOB.