The Sarbanes-Oxley Act dramatically changes the responsibilities of top management.

Required
a. Briefly indicate how Sarbanes-Oxley changes the responsibilities of top management.
b. How has the relationship between management and the external auditor changed with Sarbanes-Oxley?
c. Who is primarily responsible for the fairness and completeness of financial statement presentations? Discuss the relative roles of the following parties:
• Chief Executive Officer (CEO)
• Chief Financial Officer (CEO)
• Director of Internal Audit (CAE)
• Chair of Audit Committee
• External Auditor (CPA)