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SOX 2002

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Has SOX improved the quality of the audit? Why or why not? How do you think SOX has affected the jobs of accountants and internal auditors within your company?

Respond to the following question with personal or work experience.

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This explanation provides you a comprehensive argument relating to SOX

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Has SOX improved the quality of the audit? Why or why not? How do you think SOX has affected the jobs of accountants and internal auditors within your company?

Respond to the following question with personal or work experience.

Yes the SOX has improved the quality of the audit substantially. There are several reasons for this assessment. Most important the auditors have stopped accepting 'internal audit' work and 'management consulting' work. The SOX has made them very careful in their auditing work. In particular the auditors carry out extensive examination of off-balance-sheet ...

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