According to Sarbanes-Oxley,accountants performing an audit or review must maintain all engagement documentation for a period of
A)2 years
B)3 years
C)5 years
D)7 years

Question

Quizplus · Accepted Answer

According to Section 103 of the Sarbanes-Oxley Act, accountants must maintain all engagement documentation, including workpapers and correspondence, for a period of 7 years. This requirement is necessary to ensure the accuracy and completeness of financial statements and to provide evidence in the case of an audit or review.

According to Sarbanes-Oxley,accountants Performing an Audit or Review Must Maintain