1. Enron and the Sarbanes Oxley Act
... issued new standards related to the audits of companies of quality control, ethics, and independence (Buckstein). These new standards promoted transparency of audits and updated audit formats to the newest and best in terms of accuracy and ease of shareholders to see a true picture of a company's financial position (Buckstein). Another major duty of the PCOAB is to ensure that the audit client relationship is free from conflict of interest to prevent what happened ... at Enron and AA from happening again (Jickling). The boards set regulations to replace ... ...
- Word Count: 3410
- Approx Pages: 14
- Has Bibliography
- Grade Level: Graduate