Assignment:
Q1. What purpose do audits and generally accepted accounting principles (GAAPs) serve in today’s business world?
Q2. How do the major provisions of the Sarbanes-Oxley Act affect a public company’s audit procedures?
Q3. List four groups that use accounting information, and briefly explain why each group has an interest in this information.
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.