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What can Audit Committee do to ensure auditor independence

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4. What should the Audit Committee of the Board of Director do to ensure auditor independence?

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The role of the audit committee was enhanced following Sarbanes-Oxley to provide a separate and independent source for compliance.

The audit committee should consist of outside directors, not members of management.

The job of the ...

Solution Summary

The solution explains six points of what an audit committee can do to help ensure the independence of external auditors. It is their job. The general duties of audit committees were enhanced as a result of Sarbanes-Oxley.