Discuss how the Public Company Accounting Oversight Board, the Securities and Exchange Commission and AICPA support the audit roles.

Question 1 (a)Discuss and illustrate how an audit could be conducted on the verifiable and standard information. (b)(i) Discuss how the Public Company Accounting Oversight Board, the Securities and Exchange Commission and AICPA support the audit roles. (b)(ii) Would the roles of PCAOB and AICPA overlap? Question 2 (a) The auditors should issue an unqualified audit report in all circumstance. Discuss. (b) Auditors are allowed to pay commissions for someone who refers them for audit services. Discuss.