Discussion of an Emerging Issue in the Profession – Students must be able to identify, research, and adjust to new auditing standards, laws, regulations, etc. Groups will be required to identify an emerging issue pertaining to the auditing profession. Examples of issues that the group may wish to address in the project include the following: What is the issue and why is it important? What events led to the change in standards/laws/regulations? What groups are responsible for developing/implementing the proposed change? What are the expected benefits/costs of the proposed change and who is expected to be impacted? Must provide a 5,000-word research paper. The written report should include in-text citations where needed and a complete reference listAuditing and Auditor Role in an Evolving Environment