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Discusssion Do some research on Sarbanes-Oxley, a regulation designed to prevent accounting fraud. In this discussion describe if...

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Accounting

Discusssion

Do some research on Sarbanes-Oxley, a regulationdesigned to prevent accounting fraud. In this discussion describeif you think Sarbanes-Oxley is adequate to prevent fraud. Useexamples and cite fact and resources to support youropinion.

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The SarbanesOxley act was passed by US Congress in July2002 It mandates strict reforms to improve financial dislcosures from corporations to prevent accounting frauds This act was passed in response of the public frauds which happened in corporations like Enron Worldcom etc SOX was initially viewed as    See Answer
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DiscusssionDo some research on Sarbanes-Oxley, a regulationdesigned to prevent accounting fraud. In this discussion describeif you think Sarbanes-Oxley is adequate to prevent fraud. Useexamples and cite fact and resources to support youropinion.

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