Sarbanes Oxley

The Sarbanes Oxley Act of 2002 Business Ethics and Social Responsibility: Geb2430 Mirella Sanchez professor Dr. Harvey Weiss Feb. 18, 2011 Abstract The Sarbanes-Oxley Act was signed in July 2002 and brought into practice major(ip) changes to the formula of merged governance and financial practice. It is named after Senator capital of Minnesota Sarbanes and deterrent example Michael Oxley, who were its main architects, and it set a arrive of non-negotiable deadlines for compliance. The Sarbanes Oxley Act was think to restore investor confidence and address the squall for increased regulations that specify and held executives responsible for their financial reports, public revelation statements, audit systems, and relationships with auditors. In a perfect world we would not need so much regulation, but until everyone in the merged world exhibits broad(prenominal) ethical standards and investors do their research and take province for their decisions we will conti nue to give government the power to shelter us from each other.

The Sarbanes Oxley Act of 2002 Accountability and Influence on Ethics A series of fair plays have been passed since 1933 that set forth regulations and procedures intended to stamp out misrepresentations and deceit in the trade of investment securities being exchange to the public. This series of laws established the Securities and veer Commission which regulates audits and insures compliance with the motley laws. The Sarbanes Oxley Act of 2002 was signed into law by President George scrub on July 30, 2002. It was named f or its Congressional sponsors, Senator capit! al of Minnesota Sarbanes of Maryland and Representative Michael Oxley of Ohio. after the collapse of Enron and WorldCom and the Arthur Andersen accounting outrage in 2001-2002 there was a lot of blame to go around most of which concentrate on the perceived miss of sufficient supervision and regulations that in theory would have prevented these corporate collapses and insured the highest of...If you want to perplex a full essay, raise it on our website: OrderCustomPaper.com

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