I'm no expert in accounting and reporting requirements, but I do know something about organizations and processes. Those who think things could be restored under a Democratic administration aren't considering process and inertia. Good practices continue when there isn't enough pressure and activity to derail them. The opposite happens as well. To restart good practices takes political capital, will, and resources. The status quo is more likely, and that will mean a lack of the PCAOB, oversight, audits, or what have you will have become the norm. To regain them at that point might require an act of Congress. Good luck.
I'm no expert in accounting and reporting requirements, but I do know something about organizations and processes. Those who think things could be restored under a Democratic administration aren't considering process and inertia. Good practices continue when there isn't enough pressure and activity to derail them. The opposite happens as well. To restart good practices takes political capital, will, and resources. The status quo is more likely, and that will mean a lack of the PCAOB, oversight, audits, or what have you will have become the norm. To regain them at that point might require an act of Congress. Good luck.
Exactamundo!