Question
Based on your required reading of the materials up until now , including, but not limited to Final Accounting, various cases, outside sources, other classes,
Based on your required reading of the materials up until now, including, but not limited to Final Accounting, various cases, outside sources, other classes, Sammy cases, and/or our discussions, please explain how and why you feel AA fell from being what appeared to be the premier accounting firm to “nonexistence.” Incorporate into that discussion how, in your opinion, they could have avoided such a fall (assuming it could have been averted). Explain briefly how and why has SOX either helped (or hindered) such a disaster from happening again?
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ANSWER The SarbanesOxley Act of 2002 is a law the US Congress passed on July 30 of that year to help protect investors from fraudulent financial repor...Get Instant Access to Expert-Tailored Solutions
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