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Assurance services in 2008 the aicpa assurance services

Question: Assurance Services. In 2008, the AICPA Assurance Services Executive Committee identified five global "mega trends" that can affect a CPA's business.

Required: a. Review the mega trends that were identified. Are these trends still viable in today's society and economy? Which trends, if any, need to be reconsidered because of current conditions in society and the economy?

b. Are there additional trends in the marketplace that could affect a public accounting firm's business?

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Accounting Basics: Assurance services in 2008 the aicpa assurance services

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