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Author Question: The PCAOB requires annual inspections of accounting firms that audit more than ten public companies. (Read 119 times)

xxxxxxxxxxxx

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on: Aug 21, 2022

Question 1

The Public Company Accounting Oversight Board
◦ performs inspections of the quality controls of firms that audit public companies.
◦ establishes auditing standards that must be followed by CPAs on all audits.
◦ oversees auditors of private companies.
◦ performs all of these functions.

Question 2

The PCAOB requires annual inspections of accounting firms that audit more than ten public companies.
◦ true
◦ false
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by xxxxxxxxxxxx on Aug 21, 2022

KeriJennin

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Reply #1 on: Aug 21, 2022
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xxxxxxxxxxxx

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

lkanara2

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

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