SOX's Has Had Consequences for Many Areas of Corporate Activities

question 29

Multiple Choice

SOX's has had consequences for many areas of corporate activities, including the following impact on the work of the auditor:

• A)The auditor is now required to report all fraudulent activities it uncovers directly to the
• B)The auditor is specifically required to evaluate the internal controls used by management to prepare financial information.
• C)The auditor is must monitor how well management is carrying out its financial reporting responsibilities.
• D)The auditor must prepare a report verifying the information in the financial statements.