Which is one of the areas that the Sarbanes-Oxley Act of 2002 has made CEO's rely on forensic accountants heavily?
A)CEO's must now certify their financial statements.
B) CFO's must become qualified as forensic accountants.
C) To become a CEO in a public company, their personal financial records must be certified by a forensic accountant.
D) Both a and

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act of 2002 requires CEOs to certify their company's financial statements, making them potentially liable for any errors or fraud. This increased responsibility has led CEOs to rely heavily on the expertise of forensic accountants to ensure the accuracy and integrity of their financial reporting.

Which Is One of the Areas That the Sarbanes-Oxley Act