In the country with the most tornadoes in the world, what is the equivalent of the U.S. commission that appoints the members of the public company accounting oversight board?
Financial Services Authority
Title: Certified Public Accountant
Passage: Certified Public Accountant (CPA) is the title of qualified accountants in numerous countries in the English - speaking world. In the United States, the CPA is a license to provide accounting services directly to the public. It is awarded by each of the 50 states for practice in that state. Additionally, almost every state (49 out of 50) has passed mobility laws to allow CPAs from other states to practice in their state. State licensing requirements vary, but the minimum standard requirements include passing the Uniform Certified Public Accountant Examination, 150 semester units of college education, and one year of accounting related experience.
Title: Public Company Accounting Oversight Board
Passage: The PCAOB has five Board members, including a Chairman, each of whom is appointed by the SEC, after consultation with the Chairman of the Board of Governors of the Federal Reserve System and the Secretary of the Treasury. Two Board members must be Certified Public Accountants. If the PCAOB Chairman is one of them, he or she may not have been a practicing CPA for at least five years prior to being appointed to the board. Each member serves full - time, for staggered five - year terms. The Board's budget, approved by the SEC each year, is funded by fees paid by the companies and broker - dealers who rely on the audit firms overseen by the Board. The organization has a staff of about 800 and offices in 11 states in addition to its headquarters in Washington.
Title: Securities commission
Passage: There is no common name for securities commission or financial regulatory agency in each country. Naming has become more complicated as some governments have consolidated or merged organisations and given them a wider remit. They sometimes contain the term securities and commission. Such as the Securities and Exchange Commission of the US or Securities and Futures Commission (Hong Kong). A number also have names based on Financial Authority, such as the Financial Services Authority of the UK or Financial Supervisory Authority (Sweden) or variations such as the Financial Services Agency (Japan).
Title: Tornado climatology
Passage: The United States averaged 1,274 tornadoes per year in the last decade while Canada reports nearly 100 annually (largely in the southern regions). However, the UK has most tornadoes per area per year, 0.14 per 1000 km2, although these tornadoes are generally weak, and many other European countries have a similar number of tornadoes per area.
Tornado climatology Public Company Accounting Oversight Board Securities commission