Analyze the changes made to corporate governance rules since the implementation of the Sarbanes–Oxley Act of 2002. Based on your analysis, formulate an opinion on whether or not these changes are sufficient in preventing financial fraud. Provide a rationale for your response. Debate it! Audit committees are an effective tool for detecting and preventing fraud. Provide a rationale for your response.

Answer rating: 100% (QA)

SarbanesOxley Act of 2002 covers following major points Establishing the Public Company Accounting Oversight Board to provide independent oversight of public accounting firms providing audit services ... View the full answer