In order to preserve auditor independence, the Sarbanes-Oxley Act of 2002 restricts the types of nonaudit services
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• Financial information systems design and implementation
• Internal audit outsourcing
Describe how an auditor’s independence could be impaired if she performed IT design and implementation functions for her audit client. Likewise, how could an auditor’s involvement with internal audit outsourcing impair her independence with respect to auditing the same company?
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Related Book For
Accounting Information Systems The Processes and Controls
ISBN: 978-1118162309
2nd edition
Authors: Leslie Turner, Andrea Weickgenannt
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