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Essay

Cost-Benefits Of Sox

Essay specific features

 

Issue:

Business

 

Written by:

Jamaal P

 

Date added:

January 2, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

9 / 2426

 

Was viewed:

5755 times

 

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Essay content:

Sullivan “said he repeatedly warned the former chief executive [Bernard Ebbers] of accounting problems at WorldCom, but was told it had to "hit the numbers" anyway.” (Latour & Young, 2005) In addition, Arthur Andersen was negligent in its audit responsibilities with WorldCom, as “audit authorities say the long distance carrier's ruse was so rudimentary it should have been obvious to Andersen auditors...
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In reaction to these deceptive practices and the resultant investor confidence crisis, Congress passed the Public Company Accounting Reform and Investor Protection Act on July 30, 2002. This act is more commonly referred to as the Sarbanes-Oxley Act (SOX), named for former Senator Paul Sarbanes and former Congressman Michael Oxley, who co-sponsored the bill...
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General issues of this essay:
Spanish Settle of the West Cost-Benefits Of Sox Ethics in Academics Hr In Academics The impact of capital structure on a company’s cost of capital Cost & Benefits of Attending College Cost and Value of offering Benefits to Domestic Partnership Academics red versus experts Dust to Dust (Por la Libre) Debunking Intelligence Experts: Walter Lippmann Speaks Out A Knowledge Entry System for Subject Matter Experts Can People still rely on knowledge from experts? Experts Expect Health-insurance Costs To Keep Soaring Lawmakers Promote Health Care For Kids
 

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