D & ER67According to Sarbanes-Oxley, who are auditors required to report to and be retained by?O Chief Financial OfficerAudit committeeChief Executive OfficerInternal auditorsWhich of the following activities would internal auditors nor typically perform in a large company?

The Sarbanes-Oxley Act (SOX) of 2002 is a U.S. federal law designed to improve corporate governance…

Answered: According to Sarbanes-Oxley, who are…

According to Sarbanes-Oxley, who are auditors required to report to and be retained by? Chief Financial Officer O Audit committee Chief Executive Officer Internal auditors

Auditing: A Risk Based-Approach to Conducting a Quality Audit

10th Edition

ISBN:9781305080577

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter1: Auditing: Integral To The Economy

Section: Chapter Questions

Problem 17MCQ

See similar textbooks

Similar questions

13. Which of the following is NOT an obligation or duties of an auditor? a. Inspect account books and accounting systems for efficiency b. Prepare detailed reports on audit findings c. Examine and evaluate financial and information systems d. Helps to prepare the financial statements of companies
From the options given below identify which one is not the responsibility of management towards auditor. a. Management should provide full access of all financial information to auditor O b. Management should provide knowledge of the industry in which the company deals to the auditor c. Management should provide additional information that the auditor may require d. Management should allow unrestricted access to personnel within entity
which type of the auditors will audit The computer operations of a large corporation to evaluate whether the internal controls are likely to prevent misstatements in accounting and operating data Select one: a. internal auditor b. IRS c. external auditor d. government auditor
Question: In accounting, which type of audit is conducted by an independent firm or organization outside of the company? A) Internal audit B) External audit C) Compliance audit D) Operational audit
Which of the following statements is correct? A.The external auditor is responsible for the preperation of a company's financial statements. B.Audit commitees are now compulsory for the top 500 companies C.An audit commitee may be responsible for reviewing policies on internal control procedures D.Corporate governance can provide assurances that management is accountable for the actions
i need the answer quickly
Which of the following statement is not related to role of audit committee? Approve remuneration and terms of engagement of the external auditor Monitor and review the effectiveness of the company’s internal control Monitor the integrity of the company’s financial statements To prepare the financial statement of the company in time
Urgent
{Auditing} 49. While addressing the auditor’s report by an auditor whom does it is addressed to depending upon the circumstances? a. Shareholders b. Board of Directors c. All the options d. Owners
Choose from the following the primary responsibility of an internal auditor is to _________ a. The Directors b. The Shareholder c. The Creditors d. The Management
which of the following areas would an internal audit be required to have proficiency when carrying out an audit of corporate governance processes? a. management and financial accounting b. computerized management information systems c. internal auditing standards, procedures, and techniques d. Fundamentals of commercial law
The pre-engagement activities of an audit engagement for a public accounting firm include: * Client acceptance or continuance procedures Engagement letter O Determining compliance with independence and ethical requirements O All of the above O None of the above