The Sarbanes-Oxley Act of 2002 holds a firm's internal auditors legally accountable for the accuracy of their firm's financial statements.

Name: The Sarbanes-Oxley Act of 2002 holds a firm's internal auditors legally accountable for the accuracy of their firm's financial statements.
Brand: Quizplus
Rating: 4.9 (49 reviews)

Question

Quizplus · Accepted Answer

Internal auditors have no such accountability (although, of course, they are held to professional standards of conduct). Within the firm, SOX legal accountability applies to the CEO and CFO.

The Sarbanes-Oxley Act of 2002 Holds a Firm's Internal Auditors