Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

how auditors’ relationships with clients, users and the general public have changed over the last decade?

1 Answer

Relevance
  • Favorite Answer

    It has generally been changed whereby the public expects auditors can find fraud. On the other hand, client expects auditors to lower their fees.

    Nowadays, for general statutory audit, the auditors should also assess the internal control framework of the client. Especially for those US Listed companies and their subsidiares, they should comply with Sarbanes Oxley act.

    This act came out resulting from the Enron Case in States.

Still have questions? Get your answers by asking now.