Describes the 2008 financial crisis and asserts the main causes of the crisis. How could the crisis have been averted? What changes need to be made in order to avoid and/or minimize a future financial crisis? Describes the Sarbanes-Oxley Act of 2002. Describe the purpose, the elements, and the impact of the Sarbanes-Oxley Act of 2002 on corporate accounting, financial reporting, and auditing.

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The 2008 financial crisis was the worst economic disaster since the Great Depression of 1929 It occurred despite the efforts of the Federal Reserve and the US Department of the treasury The crisis lea... View the full answer