Ethics in Accounting

Accounting
Tutor: None Selected Time limit: 1 Day

  • Identify situations that might lead to unethical practices and behavior in accounting. Do you think the Sarbanes-Oxley Act has made a difference in the ethical behavior of companies regarding their financial accounting? Why or why not?
Jul 21st, 2014

One identifiable situation is when organizations earn more than excepted, yet, unethically will not report their actual earnings. This is were Sarbanes-Oxley Act compliance plays its role within the auditing of financial records. Has it made a difference, yes it has as now it is a mandated statue that all organization preform auditing practices based on the SOX content and historical incidents, such as Enron's financial scandl.

Jul 21st, 2014

Did you know? You can earn $20 for every friend you invite to Studypool!
Click here to
Refer a Friend
...
Jul 21st, 2014
...
Jul 21st, 2014
Dec 7th, 2016
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer