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What major characteristics of the organization and conduct of CPA firms permit them to fulfill their social function competently and independently?

ASSIGNMENT 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 […]

Identify quality control standards and practices within the accounting profession.

TASK 1 Describe the nature of CPA firms and what they do. 2-2 Describe the structure of CPA firms. 2-3 Understand the role of the Public Company Accounting Oversight Board and the effects of the Sarbanes–Oxley Act on the CPA profession. 2-4 Summarize the role of the Securities and Exchange Commission in accounting and auditing. […]

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