In putting together the best audit team for a high tech company, which of the following would be allowed under SOX and independence rules?

Question

Quizplus · Accepted Answer

According to SOX and independence rules, auditors must be independent from the company they are auditing. An IT consultant may not be independent, as they may have a financial interest in the success of the company's technology. Similarly, a tax consultant may not be independent if they have provided tax advice to the company. A former CFO of the company may not be independent, as they may have a vested interest in maintaining the company's financial reputation. However, an IT auditor who is not directly involved in the company's technology development or implementation may be able to provide an independent audit of the company's technology systems.

In Putting Together the Best Audit Team for a High