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How Sarbanes Oxley is Changing Big-Four Tax Services

How Sarbanes Oxley is Changing Big-Four Tax Services

by Toby Lucich on May 25, 2005

The cover story of the April issue of International Tax Review exposes how tax executives doing business in North America have changed the way they receive tax advice as a result of the ground- breaking Sarbanes Oxley Act. The law is also affecting tax services from the big-four professional services firms (Ernst & Young, PriceWaterhouseCoopers,Deloitte and KPMG).

International Tax Review’s annual survey of the North American market for international tax services showed that the audit-committee-approval process that the Sarbanes Oxley Act demands, mean that more than half of the tax executives surveyed said they have stopped, or plan to stop within the next 12 months, receiving tax advice from their auditor.

Canada NewsWire Group: “How Sarbanes Oxley is Changing Big-Four Tax Services”

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