Do you believe that the auditing profession is unable to regulate itself?

1. Following recent financial failures, there has been more and more institutional involvement in the market economy with respect to audit function, including the regulation of the audit profession. How do you evaluate this intervention? Do you believe that the auditing profession is unable to regulate itself?

2. Discuss the bubble economy, particularly the way it leads management to adopt increasingly creative and sophisticated accounting practices to produce robust earnings. In your opinion, how does earnings quality affect audit quality?

Solution:

Looking for help with your homework?
Grab a 30% Discount and Get your paper done!

30% OFF
Turnitin Report
Formatting
Title Page
Citation
Place an Order

Calculate your paper price
Pages (550 words)
Approximate price: -