Question: Is the Sarbanes-Oxley Act (SOX) ethically necessary? Why or why not? What provisions are included in the Sarbanes-Oxley Act to prevent ethical lapses from the

Is the Sarbanes-Oxley Act (SOX) ethically necessary? Why or why not?

What provisions are included in the Sarbanes-Oxley Act to prevent ethical lapses from the part of management and external auditors (CPAs)? Are they satisfactory?

How would a company design an internal control system that would comply with SOX?

What changes might be required in a company's board of directors so that it complies with the ethical provisions of the Act?

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