Which is not associated with the Sarbanes-Oxley Act of 2002?

A) Auditors cannot provide clients with bookkeeping services.
B) Auditors do not report to CEOS and CFOs.
C) Senior managers for auditing firms cannot supervise the audit of a given client for more than five years.
D) The accounting industry maintains self-regulation.

Sarbanes-Oxley Act

A U.S. law enacted in 2002 to protect investors from fraudulent financial reporting by corporations.

Auditors

Independent professionals who examine the financial records and business transactions of a company to ensure accuracy and compliance with accounting standards.

Self-Regulation

The process whereby an industry or profession monitors and enforces its own standards and practices without external oversight.