Mini- Case: Effect of Sarbanes- Oxley on Fees. Refer to the mini- case How Much Are Auditors
Question:
Mini- Case: Effect of Sarbanes- Oxley on Fees. Refer to the mini- case “How Much Are Auditors Paid?” shown on page C23 and respond to questions 3 and 4.
On page C23
1. Compare General Electric’s fees prior to (2000) and following (2004, 2008, and 2012) the implementation of Sarbanes- Oxley. Based on the trends in these fees and various components of these fees, comment on the effect of Sarbanes- Oxley on General Electric’s fees.
2. Repeat question 3 for the Fortune 100 companies. Are the trends for these companies similar to those for General Electric?
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1 An initial review reveals that total fees paid to KPMG increased following the issuance of SarbanesOxley but not as significantly as might have been ...View the full answer
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Related Book For 
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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