Which of the following is a requirement of the Sarbanes-Oxley Act?
A) An outside auditor must evaluate the client's internal controls and report on the internal controls as part of the audit report.
B) The Public Company Accounting Oversight Board must conduct audits of public companies.
C) The accounting firm that audits a public client must also provide consulting services for the same client.
D) The Public Company Accounting Oversight Board must create new accounting standards.

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act requires an outside auditor to evaluate the client's internal controls and report on the internal controls as part of the audit report. This requirement is intended to improve the accuracy and reliability of financial statements issued by public companies.

Which of the Following Is a Requirement of the Sarbanes-Oxley