For example, the PCAOB should consider the reasons the accounting profession is organized the way it is, including federal/state regulation such as the licensing structure, reasons accounting firms practice as partnerships, the effects of private litigation, and the structure and role of the state boards of accountancy.
The organization of the accounting profession is impacted by federal regulations.
Private litigation has no impact on the organization of accounting firms.
A musician plays a black guitar, laughing jovially with his friends.
There is a woman with a special hat for carrying ice cream cones.
I bought a Red Oak from a guy that sold trees from a trailer.
Jon said yes.
A woman kicks a ball.
The emergency department is the main point of contact.