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Which of the following is a requirement of the Sarbanes-Oxley Act?

- The outside auditor must issue an internal control report for each public company, and the Public Company Oversight Board evaluates the client's internal controls.

- The Public Company Oversight Board issues an internal control audit report for every publicly held company.

- Accounting firms may not both audit a public client and also provide certain consulting services for the same client.

- Public companies oversee the work of auditors of other public companies.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9278140

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