Accounting Services
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Call Preparation Questions
How have new government regulations affected the firm’s business?
The Sarbanes-Oxley Act (SOX) created greater federal scrutiny of the public accounting industry and increased accounting fraud penalties; accountants are banned from providing many services to audit clients, and their foreign operations are subject to new US rules.
How has the company adapted to the growing complexity of customer needs?
Accounting firms depend heavily on the reputation and expertise of senior partners and the competence of the junior accountants who do most of the actual work.