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Submit a thread of at least 400 words on the effects of the Sarbanes-Oxley Act of...

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Accounting

Submit a thread of at least 400 words on the effects of theSarbanes-Oxley Act of 2002 on the auditor and the auditingprofession. Your thread should be properly cited, using APAformatting, and should include at least two scholarly sources

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Effects of the SarbanesOxley Act of 2002 on the auditor and the auditing profession The Sarbanes Oxley Act was introduced on July 30th 2002 by President GeorgeWashington Bush It is more commonly known as SOX audit or Sarbox this is considered as the most significant change to SEC in the United States The bill was enacted as a reaction to a number of major corporate and accounting scandals includingthose of Enron Tyco international and WorldCom These scandals which cost investors billions of dollars when the share price of the affected companies collapsed shook public confidence in US securities markets Section 203 of SOX act defines Auditor Independence 1 The    See Answer
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Submit a thread of at least 400 words on the effects of theSarbanes-Oxley Act of 2002 on the auditor and the auditingprofession. Your thread should be properly cited, using APAformatting, and should include at least two scholarly sources

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