Which key provision of the Sarbanes-Oxley act should minimize the opportunity for public accountants to minimize conflict of interest?

Question

Quizplus · Accepted Answer

The key provision of the Sarbanes-Oxley act that minimizes the opportunity for public accountants to minimize conflict of interest is the prohibition on accounting firms providing consulting services and auditing the same firm. This helps to avoid situations where the accounting firm has a vested interest in the success of their consulting client, which could compromise the independence and objectivity of their audit work.

Which Key Provision of the Sarbanes-Oxley Act Should Minimize the Opportunity