Identify the factors that have affected the incidence of lawsuits against CPAs in recent years. (Select all that apply.)

A.

There has been an increase in lawsuits against CPAs due to the greater complexities of auditing and accounting due to the increasing size of businesses, the globalization of business, and the intricacies of business operations.

B.

There has been an increase in lawsuits against CPAs due to the difficulty courts have in understanding and interpreting technical accounting and auditing matters.

C.

There has been a decrease in lawsuits against CPAs due to an increase in accounting and auditing oversight by government agencies.

D.

There has been an increase in lawsuits against CPAs due to large civil court judgments against CPA firms, which have encouraged attorneys to provide legal services on a contingent fee basis.

E.

There has been an increase in lawsuits against CPAs due to the growing understanding of accounting and auditing matters by the courts.

F.

There has been an increase in lawsuits against CPAs due to an increased consciousness on the part of the SEC regarding its responsibility for protecting investors' interests.

G.

There has been a decrease in lawsuits against CPAs due to society's decreasing tolerance of lawsuits.

H.

There has been an increase in lawsuits against CPAs due to the willingness of many CPA firms to settle their legal problems out of court.

I.

There has been an increase in lawsuits against CPAs due to the growing awareness of the responsibilities of public accountants on the part of users of financial statements.

J.

There has been a decrease in lawsuits against CPAs due to the difficulty courts have in understanding and interpreting technical accounting and auditing matters.

K.

There has been an increase in lawsuits against CPAs due to society's increasing acceptance of lawsuits.