This assignment involves writing a comment letter to the PCAOB regarding one of the “current standard-setting and related rulemaking activities” under consideration
The comment letter may include the following
1)Summary of the current proposal by the PCAOB (don’t mention too much)
2)Pros/cons of the standard
3)A clear determination of your position on the issue
4)Clear thought-out support for why you came to your decision 5)Recommendations on how the PCAOB may change the current proposal to be more beneficial to society taking into the consideration of the pros/cons of the proposed standard Given the importance of academic research in formulating policy。
Given the importance of academic research in formulating policy, it may be useful to search for related accounting research that may address these topics. Working papers can be found at:
I also strongly encourage you to search the Internet for thought pieces on these current projects. WSJ, CFO Magazine, Journal of Accountancy, and the CPA Journal are excellent practitioner related sources that can help you formulate an opinion on this project. Please note that Wikipedia and various accounting blogs are not reliable sources and will be discredited. Proper citations should be made following APA or MLA standards.
Clear determination of the position taken
Position is supported with reason/evidence
Writing is clear and organized
Proper citations are included, including citation page
Proper formatting is followed
Grammar is appropriate
Completion of first deliverable (topic selection)
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