24. One writer recently noted that 99.4 percent of all compa- nies prepare statements that are in accordance with GAAP. Why then is there such concern about fraudulent financial reporting? 25. What is the "expectations gap"? What is the profession doing to try to close this gap? 26. The Sarbanes-Oxley Act was enacted to combat fraud and curb poor reporting practices. What are some key provisions of this legislation? 27. What are some of the major challenges facing the account- ing profession? 28. How are financial accountants challenged in their work to make ethical decisions? Is technical mastery of GAAP not sufficient to the practice of financial accounting