Should the PCAOB be obsorbed into the SEC? (250- 300 words)

profileJJ_1234

In February the White House made a proposal to have the Public Company Accounting Oversight Board (PCAOB) that was created by the Sarbanes-Oxley Act to be absorbed into the SEC to save on costs. Arthur Levitt, a famous prior Chairman of the SEC during the time of the Enron crisis disagrees. Read his Opinion Article in the WSJ  Without an Independent Watchdog, Who Will Audit the Auditors?

https://www.wsj.com/articles/without-an-independent-watchdog-who-will-audit-the-auditors-11582156537?mod=searchresults&page=1&pos=15

 (Links to an external site.)https://www.becker.com/blog/accounting/white-house-considers-merging-pcaob-with-sec

Instructions: Read through the above two articles and comment on your agreement or disagreement of this proposal. There is no required cited sources. I just want you to be exposed to this issue which if enacted will affect many of your accounting careers.

  • 6 years ago
  • 11
Answer(1)

Purchase the answer to view it

blurred-text
  • attachment
    ConsolidatingPCAOBintoSEC.docx
  • attachment
    Plagconsolidation.pdf