1. Can you think of an instance where we might not have a violation of independence in fact, but we might have one in appearance? Why is this equally bad?
2. The creation of the PCAOB was an important part of the Sarbanes-Oxley Act. Now, does the PCAOB actually audit companies? If not, what is their oversight role?
3. Can you think of any disadvantages associated with teleconferencing or webconferencing?
4. Round-robin brainstorming can be a good technique. Let's say that we were going to incorporate this technique for a brainstorming session for a new client. You're in charge of creating the agenda and contacting the people who will attend the meeting. Where do you begin? What assignment should each person have?