According to the Sarbanes-Oxley Act of 2002, who is primarily responsible for establishing and maintaining a system of internal control over the company's financial reporting?
A)Management of the company
B)The company's auditor's
C)The company's internal auditors
D)The audit committee of the company's board of directors

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act of 2002 mandates that management of a company is primarily responsible for establishing and maintaining a system of internal control over the company's financial reporting. This includes designing, implementing, and maintaining internal controls that ensure the accuracy and reliability of financial reporting. The act also requires management to evaluate the effectiveness of these internal controls and report any weaknesses or deficiencies to the company's auditor and audit committee.

According to the Sarbanes-Oxley Act of 2002, Who Is Primarily