Describe key fraud legislation, including PCAOB’s Auditing Statement No. 5, the Sarbanes-Oxley Act (SOX) Section404, and Auditing Standard No. 99.
Describe the Audit Committee requirements of the NYSE and NASDAQ.
Describe the requirements of external auditors regarding fraud.
Overview
Summarize the key provisions of each of the following in a Word document:
The Sarbanes-Oxley Act (SOX), including Sections 302, 404, and 802
PCAOB’s Auditing Statement No. 5
Auditing Standard No. 99
The Audit Committee requirements of the NYSE and NASDAQ
The requirements of external auditors regarding fraud
Your answers should be approximately 2 to 3 paragraphs for each question. Be thorough, but concise. Number each answer. Review our policies on plagiarismLinks to an external site. and paraphrasing,Links to an external site. and cite your sources using APA format.
Formatting Guidelines:
Follow APA guidelinesLinks to an external site. for citations, line spacing, margins and paragraphs. Use Calibri 11 point as your font.
Include a references page. You do not need to have a title page, a running head, or page numbers.
Type your name in a page header.Links to an external site.
Include the question number for each response.
Action Items
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