CHECK THESE SAMPLES OF Business Ethical Decision Making and Cases - The Sarbanes-Oxley Act
The law states that auditors should not have any operational and/or decision making role for the activity which they are auditing.... From the paper "The Pressure of The Sarbanes Oxley act" it is clear that act provided a strong message from regulatory bodies to organizations around the country that the events like Tyco and others will not be allowed.... nbsp;The SOX act has established a set of comprehensive legal requirements....
6 Pages
(1500 words)
Case Study
This concern has been at the root of corporate responsibility discussions that took shape in the Sarbanes Oxley act, requiring transparency in operations and for companies to demonstrate their commitment to the environment and society through positive action.... According to L&G Business Solutions, a 2001 Hill & Knowlton Harris Interactive poll showed that 79% of Americans consider corporate citizenship when deciding whether to buy a particular company's product; 36% of Americans consider corporate citizenship an important factor when making purchasing decisions....
10 Pages
(2500 words)
Case Study
The paper "the sarbanes-oxley act of 2004: Boon or Bane to the US Economy" highlights that in general, Sarbanes Oxley shall lead to development of systems and processes that shall stand the senior management of the companies in good stead in the longer run.... However, with some exceptions, it ignores the broader obligations of the corporate directors or officers to their corporations or standards applicable to the performance of the companies (Nelson, 2008) sarbanes-oxley act of 2002, also called Sarbanes Oxley or simply Sox, relating to corporate governance and internal control over financial reporting, was proposed in the Congress, jointly by Senator Paul Sarbanes and Representative Michael G....
7 Pages
(1750 words)
Case Study
Agreeably, counselors and psychologists deal with clients from diverse cultural backgrounds and so creating and maintaining cultural awareness is necessary to be able to handle every client in a more competent and ethical manner.... The American Counseling Association (ACA) code of… On the other hand, the American Psychological Association (APA) provides guidelines for providers of psychological services to culturally diverse populations (Corey, Corey and Callanan, 2011)....
4 Pages
(1000 words)
Case Study
The paper "Analysis of the sarbanes-oxley act of 2002" states that the enactment of the sarbanes-oxley act was as a result of a loss of investors' wealth as a result of the collapse of Enron and WorldCom.... nbsp;… The government's point of view is that the success of the sarbanes-oxley act of 2002 should not be measured solely by the bottom line, but by looking at the public interest.... After the collapse of Enron and WorldCom that left shockwaves throughout the corporate world and left investors in the biggest accounting scandal in history, the sarbanes-oxley act (SOX) was enforced....
5 Pages
(1250 words)
Case Study
Economic consequences of the sarbanes-oxley act of 2002.... sarbanes-oxley act of 2002, H.... The paper “the sarbanes-oxley Statute” looks at Sarbanes-Oxley, which is among the most controversial and influential parts of co-operating law ever witnessed.... In 2002, the sarbanes-oxley statute was enacted by the United States in an atmosphere of strange anxiety, Further, the sarbanes-oxley is among the most controversial and influential parts of co-operating law ever witnessed....
1 Pages
(250 words)
Case Study
hellip; There are many areas of the economy, both inside and outside America, impacted by the sarbanes-oxley act.... the sarbanes-oxley act specifically empowered the Securities Exchange Commission, IRS, and the Public Company Accounting Oversight Board to handle the problem.... To counter fraudulent accounting practices and executives' self-dealing transactions the dramatic likes of which were discovered in the cases of Enron and Worldcom, the sarbanes-oxley act was an important or perhaps necessary step taken by the government....
10 Pages
(2500 words)
Case Study
The paper “The Sarbanes Oxley act: Boon or Bane” seeks to discuss the use or concept of accounting in the world of business.... The paper tries to understand why the Sarbanes Oxley act (SOX) has become a bane or a disadvantage rather than a boon or advantage argue for the problems created by the law.... Lawmakers who represent the investing public believe that the SOX can end fiscal abuses of the past years particularly the cases of Enron and WorldCom where the key officers of the corporation with the connivance of auditors can really make of fool of the investing public in manipulating accounting information with less restriction (Platt, 2004)....
6 Pages
(1500 words)
Case Study