At least two major accounting bodies have begun to reimage the accounting profession because of the following.

Question

Quizplus · Accepted Answer

The correct answer is E) Three of the above, as the major accounting bodies are likely reimagining the accounting profession due to a combination of factors including a lack of basic accounting knowledge, faulty basic auditing practices, and a lack of competency with modern tools. These areas are critical for the profession to address in order to stay relevant and effective in the modern business environment.

At Least Two Major Accounting Bodies Have Begun to Reimage