Antonsen Inc., an accounting firm in Texas, follows certain guidelines while providing consulting services to a firm. One such guideline is to limit the services it provides to the firms it audits. The CEO of Antonsen Inc. is also required to certify the validity of the company's financial statements. In this scenario, Antonsen Inc. most likely abides by the requirements of the _____.

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act requires accounting firms to limit the consulting services they provide to firms they audit and mandates that CEOs certify the accuracy of financial statements.