Article: Forensic accountants, the Sarbanes-Oxley Act (SOA), and audit standards.

Abstract

Forensic accountants are not specifically mentioned in the Sarbanes-Oxley Act (SOA) passed in 2002. However, the Act could potentially have a significant impact on forensic accountants. These experts may be called upon to assist a corporation in its quest to ensure compliance with the mandates of the SOA. Also, a public accounting firm performing independent audits of financial statements may request help from forensic experts. Auditors may also turn to forensic accountants as they prepare to attest to both management's fair presentation of the financial statements (as they report on controls as required by the SOA) and while working to comply with the ...

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