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The Sarbanes-Oxley Act of 2002 has strengthened auditor independence by requiring that management Engage auditors to report all fraud and illegal acts of the company
- The Sarbanes-Oxley Act of 2002 has strengthened auditor independence by requiring that management
- Engage auditors to report all fraud and illegal acts of the company being audited.
- Hire a different CPA firm from the one that performs the companys tax work.
- Select auditors through the audit committee.
- Require CPA firms to rotate off of an audit after five years.
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