Sarbanes-Oxley and the Securities and Exchange Commission restrict auditors from providing many consulting services to their publicly traded audit clients.

Question

Quizplus · Accepted Answer

This is correct. The Sarbanes-Oxley Act and the Securities and Exchange Commission have imposed restrictions on the consulting services that auditors can provide to their publicly traded audit clients in order to maintain auditor independence and prevent conflicts of interest.

Sarbanes-Oxley and the Securities and Exchange Commission Restrict Auditors from Providing