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· Assess the impact to the Public Accounting Profession with the
creation of the PACOB and the inability of the profession to be
self-regulated. Indicate your level of supportfor the federal
regulation of the profession. Provide a rationale for your
response.
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ACC 573 Week 6 DQ 2
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· Assess the impact to public trust when a publically traded
company restates its financial data, indicating how negative
impressions may be minimized. Provide support for your
rationale.
· Evaluate the current trend of companies restating financial
statements. Indicate the key drivers of this trend. Predict the
trend over the next five years, providing support for your
rationale.
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ACC 573 Week 7 Assignment 2 Accounting Quality
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