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sarbane
Essay specific features
Written by:
James B
Date added:
December 9, 2011
Level:
University
Grade:
A
No of pages / words:
8 / 1970
Was viewed:
5180 times
Rating of current essay:
Essay content:
SOA is the most comprehensive securities legislation written since the 1940s. In the early part of the twentieth century companies did not have the sophistication and abilities of the modern company in regard to information technology, number of accountants, advisors and analysts. This legislation is a big step toward keeping U...
displayed 300 characters
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This legislation is a big step toward keeping U.S. law up to date with modern business practices. The Sarbane-Oxley Act was necessary to protect the U.S. economy and restore investor confidence after the many years of dishonest business practices by ENRON, WORLDCOM, TYCO and other companies.
The practitioners of shady accounting and greed brought about a collapse in stock prices, shook investor confidence and hurt the credibility of all publicly traded companies...
displayed 300 characters
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