ACC 576 Week 5 Discussion
Questions – Strayer New
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Week 5 DQ
"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’s
role. Provide support for your argument.
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