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January 22, 2022

Discuss the pros and cons of requiring audit firm rotation and shareholder ratification of audit firms

General Questions

Discuss the pros and cons of requiring audit firm rotation and shareholder ratification of

audit firms. Please make a recommendation to the client about how they proceed.

• Discuss the controversy of whether to allow major auditing firms to also operate a

consulting practice. Please make a recommendation to the partner of your firm about

how to proceed.

• Discuss the “soft skills” needed by accounting students in today’s business

environment. Please make a recommendation to the Dean of the accounting department

at the local university about which “soft skills” should be emphasized in their accounting

curriculum.

Please be sure to include scholarly research and support for your findings as you address the

questions outlined above in your submission. Also, please note, the textbook outlines specific

requirements for memos, letters and papers. Be sure your submission incorporates these required

elements. Thank you!

APA formatting is required for your submission. Be sure to review the use of APA formatting

and scholarly source assistance located in the “Writing Tips” area of our class to assist you

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