---
kind: "section"
citation: "15 U.S.C. § 7234"
title: "15"
title_heading: "Commerce and Trade"
number: "7234"
heading: "Considerations by appropriate State regulatory authorities"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/15/7234"
units:
  - "Chapter 98 — Public Company Accounting Reform and Corporate Responsibility"
  - "Subchapter II — Auditor Independence"
---

# §7234. Considerations by appropriate State regulatory authorities


In supervising nonregistered public accounting firms and their associated [persons](/usc/15/7a.md?p=6), [appropriate State regulatory authorities](/usc/15/7201.md?p=1) should make an independent determination of the proper standards applicable, particularly taking into consideration the size and nature of the business of the accounting firms they supervise and the size and nature of the business of the clients of those firms. The standards applied by the [Board](/usc/15/7201.md?p=5) under this Act should not be presumed to be applicable for purposes of this section for small and medium sized nonregistered public accounting firms.


## Source credit

(Pub. L. 107–204, title II, § 209, July 30, 2002, 116 Stat. 775.)

## Notes

### Editorial Notes

### References in Text

This Act, referred to in text, is Pub. L. 107–204, July 30, 2002, 116 Stat. 745, known as the Sarbanes-Oxley Act of 2002. For complete classification of this Act to the Code, see Tables.