Which of the following statements is false? (a) The Sarbanes-Oxley Act of 2002 was the cause of
Question:
Which of the following statements is false?
(a) The Sarbanes-Oxley Act of 2002 was the cause of the demise of Enron.
(b) The FASB and the IASB are working closely to develop a set of accounting rules that would ultimately be used by all publicly traded companies worldwide.
(c) The Public Company Accounting Oversight Board is responsible for monitoring auditors of all publicly owned companies.
(d) The Sarbanes-Oxley Act of 2002 requires the chief executive officer and the chief financial officer of a publicly traded company to certify the accuracy of the financial statements.
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Related Book For 
Understanding Financial Statements
ISBN: 9780138114404
12th Edition
Authors: Lyn Fraser, Aileen Ormiston
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