What other provisions could have been included in the Act to strengthen the responsible stewardship and integrity of the accounting profession?

Words: 219
Pages: 1
Subject: Uncategorized

Review the provisions of the Sarbanes-Oxley Act of 2002 to address the accounting scandals in the late 1990s and early 2000s (Enron, WorldCom, etc.). Identify the provisions that you believe made the most significant impact. What other provisions could have been included in the Act to strengthen the responsible stewardship and integrity of the accounting profession? Conversely, what existing provisions in the Act do you believe (if any) are unnecessary or over-regulate the profession? I expect proper citations, grammar, and sentence structure. Only cite reputable sources and only cite sources you reference in your writing. The Sarbanes Oxley Act is still being debated today as to whether or not it is helpful (preventing fraud) or harmful (additional costs prevent US companies from being competitive). After reviewing the specifics of the act and any supporting research I hope you will have a more educated opinion on the act.

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