Private Securities Reform Act of 1995

Private Securities Reform Act of 1995
4-15 Identify five other ways in which the Private Securities Reform Act of 1995 will potentially change auditors’ legal liability. Explain how each is of potential benefit to the auditor.

4-17
a. Identify how the Sarbanes-Oxley Act of 2002 changed the audit environment for auditors.
b. Identify and explain new liabilities for managements of public companies created by the Sarbanes-Oxley Act of 2002.

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