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Wk 1-1 Please advise and provide examples The Sarbanes-Oxley Act of 2002 placed significant restrictions on the types of consulting that may be performed by
Wk 1-1 Please advise and provide examples
The Sarbanes-Oxley Act of 2002 placed significant restrictions on the types of consulting that may be performed by auditors for public companies. Address the following:
- Briefly explain why these restrictions were put into place.
- List four types of services that are prohibited by the act.
- List three types of general consulting activities that would impair the auditor's independence based on the American Institute of Certified Public Accountants (AICPA) Code of Professional Conduct.
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