Implementation of Sarbanes-Oxley
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How will management change with the implementation of Sarbanes-Oxley and how can companies get management to act ethically?
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Implementation of Sarbanes-Oxley
How will management change with the implementation of Sarbanes-Oxley and how can companies get management to act ethically?
The management will change in several ways in response to the implementation of the Sarbanes-Oxley act. First, the management will to a greater extent allow auditor independence. In addition, the management will now try to avoid situations where there will be conflict of interest. Second, the Sarbanes-Oxley will make the management more responsible as they will be personally responsible for the accuracy of the financial reports. Third, as more disclosures ...
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