The Sarbanes Oxley Act was issued in 2002 in response to the many corporate scandals to help reduce fraud, improve the reliability of financial reporting and restore public confidence in the accounting profession.
Identify a financial reporting fraud that occurred prior to 2002 and discusses how the requirements of SOX could have prevented the fraud from occurring.

Answer rating: 100% (QA)

ENRON SCANDAL Enron was established in the year 1985 By the 1990s Enron was a leading company in the ... View the full answer