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Assignment
The goal of this research project is to allow you to explore audit issues related to organizations.
Required
1. Discuss the role of the PCAOB as it relates to auditors. Why is the PCAOB important to auditors? (between 2 - 3 pages)
2. How does a proposed rule become an effective rule (pcaobus.org)?
3. On the PCAOB's website, examine the Auditing Standards before reorganization and the reorganized Auditing Standards. Why do you think the auditing standards were reorganized? How do might the reorganization impact professional auditors? (between 2 - 3 pages)
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Suppose 2 firms are found on the real line [0,1]. Firm 1 is located at a=.15, and Firm 2 is located at 1-b, where b=.15. Assume P1=P2=$10. Consumers face a distance cost of $2 per square unit of distance. What can you infer about the market share of ..
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