Responsibility of private companies under sarbanes-oxley act


Response to the following questions:

1. Under the Sarbanes-Oxley Act, what must the financial statement auditor do in relation to the company's internal control?

2. Comment on perceived benefits from Section 404 of the Sarbanes-Oxley Act.

3. Comment on the responsibility of private companies under the Sarbanes-Oxley Act.

If possible, please give examples to better understand your response.

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