Root & Branch is a Registered Public Accounting Firm. Root & Branch performs auditing services for Sales & Service Company. Under the Sarbanes-Oxley Act, at the same time, for the same company, Root & Branch can also perform
A) bookkeeping.
B) none of the choices.
C) appraisal services.
D) financial systems design.

Question

Root & Branch is a Registered Public Accounting Firm. Root & Branch performs auditing services for Sales & Service Company. Under the Sarbanes-Oxley Act, at the same time, for the same company, Root & Branch can also perform​
A) ​bookkeeping.
B) ​none of the choices.
C) ​appraisal services.
D) ​financial systems design.

Quizplus · Accepted Answer

Root & Branch is already performing auditing services for Sales & Service Company, and according to the Sarbanes-Oxley Act, they cannot provide any additional services to maintain their independence and objectivity. Bookkeeping, appraisal services, and financial systems design are examples of such services that are prohibited under this act. Hence, the best choice is B, none of the choices.

Root & Branch Is a Registered Public Accounting Firm