The Sarbanes-Oxley Act requires independent auditors to
A)create flowcharts to document business processes.
B)understand a client's system of internal controls.
C)establish effective internal controls.
D)prepare and understand all types of system documentation.

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act requires independent auditors to understand a client's system of internal controls in order to assess the risk of material misstatement in the financial statements. The other options mentioned are not specific requirements of the Act.

The Sarbanes-Oxley Act Requires Independent Auditors to