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Describe the regulation process for accounting firms

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Reference no: EM132720496

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Q1. Describe the legislation that altered the self-regulation process of the accounting profession.

Q2. Describe the regulation process for accounting firms that audit (A) public companies and (B) non-public companies.

Q3. Describe how this new self-regulation process would affect you as an auditor working for a large public accounting firm today. Discuss the strengths and weaknesses of self-regulation in the accounting profession as a result of the historical events you described.

Reference no: EM132720496

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