1. Enron and the Sarbanes Oxley Act
... normally be seen as a personal ethical decision in the corporate world" (Cernusca). Due to executives making too many unethical decisions over and over again, the SEC felt the need to limit their freedom for decision-making and instead implement rules that are required to be followed (Cernusca). The most important changes brought about by the Sarbanes Oxley Act are: the creation of ... the PCAOB (public company accounting oversight board), the new standards for auditor committee and auditor independence, the requirement for executives to certify all financial statements, enhanced financi...
- Word Count: 3410
- Approx Pages: 14
- Has Bibliography
- Grade Level: Graduate