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Explain what is meant by information risk, and list the FOUR (4) causes of this 45 risk. 20 25 Sarbanes-Oxley and the Securities and Exchange

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Explain what is meant by information risk, and list the FOUR (4) causes of this 45 risk. 20 25 Sarbanes-Oxley and the Securities and Exchange Commission restrict auditors from providing many consulting services to their publicly traded audit clients. Which of the following is true for auditors of publicly traded companies?I. They are restricted from providing consulting services to privately held companies.II. There is no restriction on providing consulting services to non-audit clients. I only Il only I and II O Neither I nor II 35 Principles related to the auditor's responsibilities in the audit stress three important personal qualities that the auditor should possess. List and discuss these three qualities. 12890

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