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    Discuss whether or not the current oversight provided by the

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    Discuss whether or not the current oversight provided by the PCAOB is adequate to prevent major corporate failures.
    Discuss whether or not you believe shareholders are more informed and protected under the Sarbanes-Oxley Act of 2002 than before it was enacted.

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    I definitely think that the PCAOB is doing an excellent job in preventing major corporate failures. What I look at is history, and what we see is that before the creation of the PCAOB, we had companies like Enron and WorldCom collapsing right in front of us. One of the main issues is that when a company that large collapses, it actually has an impact on the entire domestic economy, due to the size (and could also ultimately affect the world economy). Without the PCAOB, we had these companies that collapsed, and people ...

    Solution Summary

    Discuss whether or not the current oversight provided by the PCAOB is adequate to prevent major corporate failures.
    Discuss whether or not you believe shareholders are more informed and protected under the Sarbanes-Oxley Act of 2002 than before it was enacted.

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