Explain what is meant by information risk, and list the FOUR (4) causes of this risk....
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Explain what is meant by information risk, and list the FOUR (4) causes of this risk. Sarbanes-Oxley and the Securities and Exchange Commission restrict auditors from providing many consulting services to their publicly traded audit clients. Which of the following is true for auditors of publicly traded companies?l. They are restricted from providing consulting services to privately held companies.ll. There is no restriction on providing consulting services to non-audit clients. I only Il only I and II Neither I nor II Principles related to the auditor's responsibilities in the audit stress three important personal qualities that the auditor should possess. List and discuss these three qualities. Explain what is meant by information risk, and list the FOUR (4) causes of this risk. Sarbanes-Oxley and the Securities and Exchange Commission restrict auditors from providing many consulting services to their publicly traded audit clients. Which of the following is true for auditors of publicly traded companies?l. They are restricted from providing consulting services to privately held companies.ll. There is no restriction on providing consulting services to non-audit clients. I only Il only I and II Neither I nor II Principles related to the auditor's responsibilities in the audit stress three important personal qualities that the auditor should possess. List and discuss these three qualities.
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Infor mation Risk yeflects the Posibllily that the infor... View the full answer
Related Book For
Auditing and Assurance services an integrated approach
ISBN: 978-0132575959
14th Edition
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
Posted Date:
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