Quality Control Requirements and Peer Reviews Take Term Paper

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quality control requirements and peer reviews take a dim view of these proceedings. They state that such requirements favor larger, national firms to the detriment of smaller firms. The article implies that such regulations should be left to the firms themselves, on an in-house and voluntary basis, rather than to the government. Self-policing goes on already, it is suggested, and the requirements merely force small firms to adapt a costly rather than a simple organizational structure, for what has always existed, at least informally, for quality firms.

Evaluate whether quality control requirements and peer reviews are worth their cost. However, the alleged competitive pressures to do quality work, legal liability for inadequate performance, and a code of professional conduct requiring that CPA firms follow generally accepted auditing standards have not proven effective, despite the article's statement that they have. The article offers no hard evidence to back up such an assertion and moreover, it puts firms in the unfair and discomforting position of having to position themselves as both regulators and auditors, of overseeing their own staff as well as encouraging their staff to cut costs.

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Latest APA Format (6th edition)

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"Quality Control Requirements And Peer Reviews Take" (2004, September 23) Retrieved May 19, 2024, from
https://www.aceyourpaper.com/essays/quality-control-requirements-peer-reviews-176569

Latest MLA Format (8th edition)

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"Quality Control Requirements And Peer Reviews Take" 23 September 2004. Web.19 May. 2024. <
https://www.aceyourpaper.com/essays/quality-control-requirements-peer-reviews-176569>

Latest Chicago Format (16th edition)

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"Quality Control Requirements And Peer Reviews Take", 23 September 2004, Accessed.19 May. 2024,
https://www.aceyourpaper.com/essays/quality-control-requirements-peer-reviews-176569
   

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