Was SOX needed from a deterrence standpoint Did the legislation accomplish what its advocates hoped to achieve Has SOX been a net benefit or detriment to the U S economy Are the compliance costs associated with SOX significant Did SOX make it easier or more difficult to raise capital in the U S What are the primary purposes of internal control over financial reporting

Question: Was SOX needed from a deterrence standpoint? Did the legislation accomplish what its advocates hoped to achieve? Has SOX been a net benefit or detriment

Was SOX needed from a deterrence standpoint?
Did the legislation accomplish what its advocates hoped to achieve?
Has SOX been a net benefit or detriment to the U.S. economy?
Are the compliance costs associated with SOX significant?
Did SOX make it easier or more difficult to raise capital in the U.S.?
What are the primary purposes of internal control over financial reporting?

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1 From a deterrence standpoint SOX was likely needed to some extent However it is difficult to say definitively how effective it was It is difficult to say definitively how effective SOX was from a de... View full answer

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