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What was one of the major impacts of the Sarbanes - Oxley Act of 2 0 0 2 on external auditors? External auditors are now
What was one of the major impacts of the
SarbanesOxley Act of on external
auditors?
External auditors are now required to audit
the internal control assessment of a client
firm.
External auditors are now required to
establish and maintain an adequate internal
control structure for their clients.
External auditors are not permitted to audit
public companies.
External auditors are now required to state
their responsibility for the internal control
structure of their clients.
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