Accountant’s perception of earnings management post-sox period

This is not an essay, but a review for journal article “Public Accountants’ Perception of the Acceptability of Earnings Management Practices Through the Employment of GAAP in the Post-Sox Period” and the requirement is to provide answers to two the following two questions: (1) On page 61 toward the bottom in the paragraph that starts with “as such, GAAP could no longer be regarded…..” Do you agree with this position? Why or why not? Do you think this is fair to managers who simply want to follow GAAP? Why or why not? and (2) The author states “auditors will not use the audit opinion to police bad business practices, even if they involve earnings management”. How do you explain that? Do you agree with the auditors’ position? Why or why not?

Please reference any other articles used to answer these questions.

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