1. The Sarbanes-Oxley Act
... annual financial reports must include an Internal Control Report stating that management is responsible for an "adequate" internal control structure, and an assessment by management of the effectiveness of the control structure." This takes time and money to work, many of which got "stuck" on this part of the act attempting to comply with these requirements, and had to either shut down or figure out a way. This ... of economy they want to rely on. As for investors, this act might have been an angel sent from heaven catching crooks after their money. Like the architect of SOX said himsel...
- Word Count: 1466
- Approx Pages: 6
- Has Bibliography
- Grade Level: High School