Based on Sarbanes-Oxley,who is ultimately responsible for the independence of the external auditor?
A)The CPA firm's engagement partner.
B)The CPA firm's quality control partner.
C)The client's senior management.
D)The audit committee.

Question

Quizplus · Accepted Answer

According to Sarbanes-Oxley, the audit committee of the client company is ultimately responsible for the independence of the external auditor. The audit committee must appoint, compensate, and oversee the work of the auditor to ensure their integrity and independence. This is to prevent any conflicts of interest or undue influence from the client's senior management.

Based on Sarbanes-Oxley,who Is Ultimately Responsible for the Independence of the External