Corporate Governance and Ethics. Please write 5 pages worth of information on the topic. --Accounting and Auditing

Good place to discuss the dramatic changes in accounting since the passage of Sarbanes-Oxley (SOX) and Dodd-Frank with the increasing influence of FINRA and the PCAOB. You have to appreciate how dramatic the environment has changed for accounting firms and their individual partners since the passage of these laws and the increasing scrutiny of the SEC regarding financial reporting. For example, the SEC just announced the development of new standards for reporting carbon emissions so the results of the reports are consistent across companies. Numerous institutions have been substantially fined for exaggerating their ESG activities which will just put more pressure on accounting for more than just daily sales and expenses!

All of these parties potentially play a role in ensuring good corporate governance. What ethical issues are raised and how might they be addressed? How does a particular party monitor and influence governance? How do they handle insider information about governance practices? What has been the role of legislation in handling some of the inherent conflict of interest issues?