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Ibrahim Hammoud Questions
1381 Questions
In what ways does the Sarbanes-Oxley Act change criminal liability for auditors of public companies?
Accounting
2022-07-05
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140
What were the most significant components of the Private Securities Litigation Reform Act of 1995 and the Securities Litigation Uniform Standards Act of 1998? Did the ruling in Tellabs v. Makor make it easier or harder to hold auditors liable for fraud? Why?
Accounting
2022-07-05
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What elements must a plaintiff prove in order to win action under Rule 10b-5 of the Securities Exchange Act of 1934? What was the significance of the outcome of the Ernst & Ernst v. Hochfelder case for auditors\' liability?
Accounting
2022-07-05
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Distinguish between the Securities Act of 1933 and the Securities Exchange Act of 1934. Why is it easier for a plaintiff to sue an auditor under the Securities Act of 1933?
Accounting
2022-07-05
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Distinguish among the four standards that have evolved for defining auditors\' liabil- ity for ordinary negligence to third parties under common law. Why is this area of auditors\' liability so complex?
Accounting
2022-07-05
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What elements must a client prove to maintain an action against an auditor for negligence?
Accounting
2022-07-05
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For what types of actions are auditors liable to a client under common law? Why would the client prefer to sue the auditor for a tort action rather than for a breach of contract?
Accounting
2022-07-05
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What is meant by proportionate liability? Contrast this legal doctrine with the doc- trine of joint and several liability
Accounting
2022-07-05
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126
Briefly describe the four stages of the auditor dispute process
Accounting
2022-07-05
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155
The AICPA Code of Professional Conduct does not include enforceable conduct rules on which of the following?
Accounting
2022-07-05
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121
Under the AICPA Code of Professional Conduct a CPA may express an unqualified opinion on financial statements that contain a material departure from promulgated GAAP :
Accounting
2022-07-05
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In comparing the independence requirements of the AICPA with those of the SEC which of the following statements is the most accurate?
Accounting
2022-07-05
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The most severe penalty which may be imposed against a CPA for violation of the AICPA Code of Professional Conduct is to :
Accounting
2022-07-05
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1381
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