Under SOX, a CPA firm is permitted to perform which of the following services for an audit client with pre-approval from the client's audit committee?
A)Tax
B)Financial information design
C)Bookkeeping
D)Consulting

Question

Quizplus · Accepted Answer

Under the Sarbanes-Oxley Act (SOX), a CPA firm is permitted to perform tax services for an audit client, but only with pre-approval from the client's audit committee. Other services, such as financial information system design and implementation, bookkeeping, and certain types of consulting, are generally prohibited to ensure auditor independence.

Under SOX, a CPA Firm Is Permitted to Perform Which