ACC 557 Week 3 DQ 2

May 1st, 2015
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ACC 557 Week 3 DQ 2

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ACC 557/Week 3: DQ 2Explain what ethical issues SOX has helped with and where improvement is still necessary.The bookkeeping scams in the beginning of the century shook the bases of the investment markets. Fiscal reporting provides shareholders along with other stakeholders with dependable and related info. In the short term dishonest fiscal reporting led to loss of billions of dollars, however in the long run the effect was even more serious: loss of trust in fiscal reporting as dependable source of info. The following changes, particularly Sarbanes-Oxley Act (SOX) designed to revive i

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