Principles Of Auditing & Other Assurance Services
Principles Of Auditing & Other Assurance Services
21st Edition
ISBN: 9781259916984
Author: WHITTINGTON, Ray, Pany, Kurt
Publisher: Mcgraw-hill Education,
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Chapter 1, Problem 29EOQ
To determine

Identify the organizations which have the responsibility to perform inspections of auditors of public companies.

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Which of the following is NOT a major component of the Sarbanes-Oxley Act?     Executive responsibility for accurate financial reporting.   Accounting regulation.    Mandating external financial audits for all companies.    Formation of an audit committee.
Financial statements of public companies are required to be audited by ______.   an independent certified public accounting firm     the Audit Committee of the Board of Directors     the Chief Financial Officer     all of the above     none of the above
Which of the following groups is responsible for developing auditing standards for public firms in the U.S.?  A.  American Institution of Certified Public Accountant (AICPA)B.  Public Company Accounting Oversight Board (PCAOB)C.  Organizations for Economic Cooperation and Development (OECD)D.  Center for Audit Quality (CAQ)
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