1. Enron and the Sarbanes Oxley Act
... changes it made but it was revolutionary by the attitude and culture change that the rules and procedures it introduced caused to occur within companies (Maleske). Part of the laws purpose to restore confidence in the markets was to prevent and detect fraud, protect the shareholders, and in turn increase investor confidence (Maleske). SOX renewed emphasis on the traditional accounting themes of integrity, accountability, independence, and objectivity. In simpler terms ... , this law basically set and enforced all new reporting, auditing, disclosure, and ethics requirements for companies!...
- Word Count: 3410
- Approx Pages: 14
- Has Bibliography
- Grade Level: Graduate