Accounting Information Systems
Accounting Information Systems
10th Edition
ISBN: 9781337619202
Author: Hall, James A.
Publisher: Cengage Learning,
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Chapter 16, Problem 17RQ
To determine

Explain the term GAS and the reason for its popularity with larger public accounting firms.

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Explain the impact of accounting standards suchas GAAP and the Sarbanes-Oxley Act on corporateaccounting.
What factors create a need for assurance services? Explain how these factors are important to the public accounting profession.
Why is there a need for a company to be transparent in informing its investors on what is happening inside the organization?
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