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Sarbanes-Oxley News & Developments
Sarbanes-Oxley Good for BusinessBetter to demand too much accountability than too little.
> > Following accounting and management scandals at Enron Corp. and other companies a few years ago, Congress approved the 2002 Sarbanes-Oxley Act. The act requires stringent accounting practices for public corporations. It was a political solution to a management and accounting problem. Many may consider the law overkill but it is far better to demand too much accountability than too little.
Source: PCAOB
Published:2004-03-09
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