The Enron case set the stage for changes in the Sarbanes-Oxley Act of 2002 (SOX). Which...

Transcribed Image Text:

The Enron case set the stage for changes in the Sarbanes-Oxley Act of 2002 ("SOX"). Which one of these changes did not occur from SoX? Oa. Public accounting firms must consider when they provide non-audit services at the same time as they provide regular auditing services Ob. Audit partners must rotate off the engagement every 5 years Oc. Company CEO's, CFO's Controllers and Chief Accounting Officers cannot work for the audit firm for 1 year prior to the audit Od. Auditors must have independence in fact, but do not necessarily have to have independence in appearance The Enron case set the stage for changes in the Sarbanes-Oxley Act of 2002 ("SOX"). Which one of these changes did not occur from SoX? Oa. Public accounting firms must consider when they provide non-audit services at the same time as they provide regular auditing services Ob. Audit partners must rotate off the engagement every 5 years Oc. Company CEO's, CFO's Controllers and Chief Accounting Officers cannot work for the audit firm for 1 year prior to the audit Od. Auditors must have independence in fact, but do not necessarily have to have independence in appearance

Answer rating: 100% (QA)

The correct answer is option d Auditors mus... View the full answer