Under the rules of Section 10A of the Securities Exchange Act of 1994,if an auditor detects an illegal act having a material effect on the financial accounts,to whom must the accountant first report the finding?

Question

Quizplus · Accepted Answer

Under Section 10A of the Securities Exchange Act of 1934, if an auditor detects an illegal act that has a material effect on the financial statements, the auditor must first report the finding to the client's management and audit committee.

Under the Rules of Section 10A of the Securities Exchange