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Author Question: Assume the Public Company Accounting Oversight Board (PCAOB) identifies a violation during its ... (Read 164 times)

xjustxicex

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on: Aug 21, 2022

Question 1

The Sarbanes-Oxley Act established the Public Company Accounting Oversight Board (PCAOB). What are the PCAOB's primary functions?

Question 2

Assume the Public Company Accounting Oversight Board (PCAOB) identifies a violation during its inspection of a registered accounting firm. The PCAOB
◦
can enforce disciplinary action against the accounting firmreport the matter to the Securities and Exchange Commissionsuspend the license to practice of the CPA guilty of the violation
YesYesYes

◦
can enforce disciplinary action against the accounting firmreport the matter to the Securities and Exchange Commissionsuspend the license to practice of the CPA guilty of the violation
YesYesNo

◦
can enforce disciplinary action against the accounting firmreport the matter to the Securities and Exchange Commissionsuspend the license to practice of the CPA guilty of the violation
YesNoNo

◦
can enforce disciplinary action against the accounting firmreport the matter to the Securities and Exchange Commissionsuspend the license to practice of the CPA guilty of the violation
NoNoNo
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by xjustxicex on Aug 21, 2022

annaelena92

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Reply #1 on: Aug 21, 2022
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xjustxicex

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Reply 2 on: Aug 21, 2022
Excellent

marict

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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