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Sarbanes-oxley act research paper

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Miscellaneous

 

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Jordan P

 

Date added:

September 29, 2015

 

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University

 

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A

 

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4 / 1067

 

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They both passed two different bills that pertain to the same problem which had to do with corporation's auditing accountability and financial fraud problems within corporations. One was bill (S. 2673) brought by Senator Sarbanes and the other bill (H. R. 3763) brought by Representative Oxley. Both bills where passed separately one by the house and the other by the senate but after WorldCom revealed to the public that they had overstated its earnings "by more than $72 billion dollars during the past five quarters...
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R. 3763) brought by Representative Oxley. Both bills where passed separately one by the house and the other by the senate but after WorldCom revealed to the public that they had overstated its earnings "by more than $72 billion dollars during the past five quarters." (en.wikipedia.org) the house and the senate decided to form a conference committee to bring both bills together to form a stronger one...
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General issues of this essay:
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