Explore BrainMass

Independence, Sarbanes-Oxley (SOX), Compliance & Legal Remedies

Is true auditor independence possible?
What kinds of actions, if any, do we take in our organizations to achieve a functional level of auditor independence?
Is compliance with Sarbanes-Oxley enough?
Or, does SOX go overboard in requiring needless procedures and costs?
Would we be better to require less auditing and let the legal system punish deceptive actors?

© BrainMass Inc. brainmass.com June 18, 2018, 5:59 am ad1c9bdddf

Solution Preview

Yes, I do believe true auditor independence is possible. However, I believe in order to achieve auditor independence it mostly might originate from ...

Solution Summary

This solution provides various questions regarding auditor independence and Sarbanes-Oxley.