The AICPA Assurance Services Executive Committee identified five megatrends that can affect public accounting firms'' business.Which of the following is NOT one of the megatrends they identified?
A)Information Technology
B)The shift from the industrial age to the knowledge age
C)Globalization
D)Merging of corporations creating fewer audit opportunities

Question

Quizplus · Accepted Answer

The AICPA Assurance Services Executive Committee identified information technology, the shift from the industrial age to the knowledge age, globalization, the rise of non-traditional service providers, and the changing needs of stakeholders as the five megatrends that can affect public accounting firms' business. Merging of corporations creating fewer audit opportunities is not one of the identified megatrends.

The AICPA Assurance Services Executive Committee Identified Five Megatrends That