SOX (Sarbanes Oxley Act of 2002) is a major landmark in accounting history and brought into limelight
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Question:
SOX (Sarbanes Oxley Act of 2002) is a major landmark in accounting history and brought into limelight the stories of scandals by Enron, Tyco International and Worldcom.
Answer following questions:
- Briefly describe the reason and purpose of this act?
- Provisions
- Pick one of the firms involved in the accounting scandals that was affected by the this law and tell us about the scandal story, charges, losses and what is their current status?
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