How has the Sarbanes-Oxley Act affected the legal liability of accountants and auditors?

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Ethical Obligations and Decision Making in Accounting Text and Cases

ISBN: 978-1259969461

5th edition

Authors: Steven M. Mintz, Roselyn E. Morris

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Question Posted: Sep 18, 2019 10:48 AM

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How has the Sarbanes-Oxley Act affected the legal liability of accountants and auditors?

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SOX increases auditor liability to third parties by specifying or expanding the scope of third parties to whom an auditor owes a duty of care SOX also ...View the full answer

Ethical Obligations and Decision Making in Accounting Text and Cases

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