University of The Cumberlands Legal Regulation, Compliance, Investigation Paper

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Computer Science

University of the Cumberlands

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Read the 2012 article Sarbanes-Oxley Has Failed to Address the Problem of Audit Firm Independence by Thomas M. Brehmer found at https://www.accountingtoday.com/news/sarbanes-oxle...

Take a position – do you agree or disagree with the author.  Why or why not?  Support your position work with articles other than, or in addition to, the one above

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2 pages
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Explanation & Answer

Here's the assignment

1

Running Head: LEGAL ACTIONS

Legal Action
Institutional Affiliation
Name
Date

2

LEGAL ACTION

Legal Action
I agree with the opinion of the author that the solution is more transparency rather
than bureaucracy. The Sarbanes- Oxley Act of 2002 was aimed at reducing conflicts of
interest in audit firms. The aim was to reduce the conflicts of interest by requiring audit
committee-level-pre-approval of non-audits. However,...


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