Question Details

ACC 576 Week 5 Discussion
"PCAOB" Please respond to the following:
•       From the e-Activity, analyze the role of the PCAOB to protect the public. Based on your analysis, give your opinion as to whether you believe they possess enough of the requisite power to be effective in accomplishing their mission. Provide support for your opinion.
•       Common history shows that prior to PCAOB, the accounting industry was self-regulated through the American Institute of Certified Public Accountants (AICPA). Create an argument that the public is either better or worse off since PCAOB assumed the AICPA- role. Provide support for your argument.


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