During the early 2000s, the role of accounting and the auditing profession in the United States changed
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Question:
During the early 2000s, the role of accounting and the auditing profession in the United States changed due to the discovery of several impactful accounting scandals. Research the economic climate surrounding two accounting scandals.
- What conditions caused accounting and the auditing profession's role to change during this time?
- What major changes occurred as a result of the accounting scandals?
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