Buy custom The Sarbanes-Oxley Act: Corporate America's Big Brother
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Topic: |
Business
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Number of pages / Number of words: |
7 / 1953 |
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Many see the act as a political product, i.e. the Republicans way to ease the Democrats charge about the Bush Administration being soft on corporate scandals during the November 2002 congressional election, with the major concerns of business being the costs associated with compliance. (Zhang, 1).
One the Act's major provisions created the Public Company Accounting Oversight Board ("PCAOB")...
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(Zhang, 1).
One the Act's major provisions created the Public Company Accounting Oversight Board ("PCAOB"). The PCAOB is funded by fees paid by all public companies and has investigative and enforcement powers to oversee the accounting industry, as well as the authority to regulate auditors of public companies, set auditing standards, and investigate violations of accounting practices...
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General points of the essay
AN ANALYSIS OF THE SARBANES-OXLEY ACT OF 2002
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