=+16. In late 1990, the Wyden Amendment was stricken from the Crime Bill passed by Congress. The
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=+16. In late 1990, the "Wyden Amendment" was stricken from the Crime Bill passed by Congress. The amendment would have required report-
ing by auditors on internal controls. Letters sent by FEI members opposing the amendment were instrumental in its defeat. The AICPA supported the amendment. From an agency theory perspective, why do you think the AICPA supported the amendment and the FEI was against it? Explain.
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Accounting Theory Conceptual Issues In A Political And Economic Environment
ISBN: 9780324186239
6th Edition
Authors: Harry I. Wolk, James Dodd, Michael G. Tearney
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