Sarbanes Oxley Act of 2004

Essay specific features

 

Issue:

Business

 

Written by:

Keith J

 

Date added:

September 27, 2014

 

Level:

University

 

Grade:

B

 

No of pages / words:

6 / 1626

 

Was viewed:

5563 times

 

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Essay content:

The Board is to provide oversight of auditing of public companies while establishing auditing, quality control, independence, ethical standards (Arens 32-33). Public accounting firms that work on audits must register with the Board and pay a fee. Title I also included new auditing rules. Auditors must now retain paper work for seven years, have a second partner review and approval of audit reports, evaluate whether internal controls accurately show transactions as well as sales of assets, and describe any weaknesses or noncompliant internal controls...
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Title I also included new auditing rules. Auditors must now retain paper work for seven years, have a second partner review and approval of audit reports, evaluate whether internal controls accurately show transactions as well as sales of assets, and describe any weaknesses or noncompliant internal controls...
displayed next 300 characters

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