What consulting or nonaudit services are prohibited for auditors of public companies? What other restrictions and requirements apply to auditors when providing nonaudit services to public companies? What consulting or nonaudit services are prohibited for auditors of public companies? (Select all that apply.) A. Security of electronic information. B. Test the effectiveness of internal control over financial reporting. C. Internal audit outsourcing. D. Management or human resource functions. E. Tax services to audit clients. F. Financial information systems design and implementation. G. Legal and expert services unrelated to the audit. Vthat other restrictions and requirements apply to auditors when providing nonaudit services to public companies? A. Auditors are allowed to provide nonaudit services to public companies if a formal request from both the audit firm and public company are approved by the PCAOB. The nonaudit services must be disclosed in a separate filing with the SEC with every engagement that is approved and the fees must be disclosed to the public. B. Auditors must be pre-approved by the company's audit committee before providing nonaudit services to public companies. These services must be disclosed in the public companies annual filings with the SEC with a breakout of audit and nonaudit fees paid to the audit firm. C. Auditors cannot perform nonaudit services to public companies unless the audit firm is in transition from leaving the public company's auditing arrangement. The public company must disclose in their proxy statement or annual filings that they are changing the relationship with their current audit firm to be from an audit to nonaudit service arrangement within the next three years. D. Auditors can perform nonaudit services to public companies if a majority of shareholders approve of the audit firm doing the audit work and nonaudit work. The Sabanes-Oxley Act states that year-end shareholder meotings can set standards on what audit firm will perform the audit or nonaudit services, and allows the shareholders to determine if these will be the same firm