question archive The Sarbanes-Oxley Act of 2002 has, in many ways, changed the roleof financial statement auditors
Subject:AccountingPrice: Bought3
The Sarbanes-Oxley Act of 2002 has, in many ways, changed the roleof financial statement auditors. In addition to ensuring financial statement accuracy, independent auditors are now required to review a company's internal controls and report their assessments in the company's annual report. How might these new policies help prevent financial statement fraud from occurring?