The Implementation of the Sarbanes-Oxley Requirements in the U

question 44

Multiple Choice

The implementation of the Sarbanes-Oxley requirements in the U.S.resulted in the creation of the PCAOB to oversee listed companies' auditors and develop audit standards.The impact of this requirement in Canada was

• A)the creation of new auditing standards to ensure better quality control for audits.
• B)revision to the rules of professional conduct for CPAs.
• C)additional training requirements for becoming an auditor.
• D)the creation of the CPAB to oversee Canadian audit professionals.