Describe the role of the SEC in society and discuss its relationship with and influence on the practice of auditing.
2-1 (OBJECTIVES 2-1, 2-2, 2-8) What major characteristics of the organization and conduct of CPA firms permit them to fulfill their social function competently and independently? 2-2 (OBJECTIVE 2-3) What is the role of the Public Company Accounting Oversight Board (PCAOB)? How does the PCAOB provide oversight of audit firms? 2-3 (OBJECTIVE 2-4) Describe the […]