Explain the major changes adopted by the PCAOB through the adoption of Auditing Standard No. 16, Communications with Audit Committees, and explain whether, in your opinion, these changes will help or hurt the audit communications process. Explain why the required communications adopted by the PCAOB would or would not have changed the outcome in the AOL-Time Warner merger discussed previously and at the beginning of Chapter 15. Do you think the ability to communicate in written and oral form is important to an auditor? Why or why not?