Write a paper of not more than 1,050 words in which you answer the following questions:
- Do you think that the creation and work of the Public Company Accounting Oversight Board (PCAOB) has resulted in greater independence of auditors of public companies?
- If auditing of financial statements is required primarily for the protection of public investors, should not all PCAOB members be taken from the investment community that uses audited financial statements?
- What regulatory compliance requirements apply to various business situations?
- Do you think that the creation and work of the PCAOB results in greater independence of auditors of public companies?
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If auditing of financial statements is required primarily for the protection of public investors, should not all PCAOB members be taken from the investment community that uses audited financial statements?
- Cite at least 5 peer-reviewed references.
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