Author Question: The following are definitions of terms that are listed on the right. Match the definition with its ... (Read 42 times)

ShannenConnor · **on:** Aug 21, 2022

The following are definitions of terms that are listed on the right. Match the definition with its associated term. Each term can be used once, more than once or not at all.

Definition
1. an organizational structure where professional services are provided by one or more shareholders
2. the grantor of the right to practice public accounting
3. a report filed to indicate a significant event
4. sets professional standards and rules for members
5. oversees accounting firms who audit public companies
6. an organizational structure where the owners are taxed like a partnership and have limited personal liability
7. a report that is filed when a company wishes to issue new securities
8. the methods used to ensure the firm meets its professional responsibilities to clients and others
9. assists in providing investors with reliable information
10. requires annual inspections of accounting firms auditing more than 100 public companies
11. practice monitoring by a CPA firm for another CPA firm
12. fulfilling duties diligently and carefully
13. requires a registration statement

Audit Term
a. AICPA
b. PCAOB
c. Securities Exchange Commission
d. Form 10-K
e. IAASB
f. Form S-1
g. due professional care
h. limited liability partnership
i. professional corporation
j. limited liability company
k. peer review
l. 1933 Securities Act
m. 1934 Securities Act
n. Form 8-K
o. state regulation
p. Code of Professional Conduct
q. quality control standards
r. auditing standards

as4309 · **Reply #1 on:** Aug 21, 2022

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