What could be causing this collusion?
How should management address this issue?
When Sarbanes Oxley Act of 2002 was implemented, large public firms had to document and test their controls. And their auditors had to test those tests and given an opinion over whether the internal controls over financial reporting were working. This forced firm who did not have well-designed controls or well-implemented controls to create and monitor ...
This solution is 226 words and explains why collusion increased after Sarbanes Oxley Act of 2002.