Why is public accounting often viewed as a guarantor of


Week 2 - DQ 1

Why is public accounting often viewed as a guarantor of results, or even as a provider of assurance that one's investment is of high quality? To what extent is it reasonable to view the auditor as a guarantor? Explain. To what extent do you believe that user expectations of the public accounting profession appear to be unwarranted? Explain.

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Accounting Basics: Why is public accounting often viewed as a guarantor of
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