Elizabeth and class, our text discusses the "credibility crisis" faced by the accounting profession during the early 2000s. It is interesting to note that the SEC requested that the profession establish the Panel on Audit Effectiveness in 2000 - which was prior to the announcement of the accounting irregularities that occurred in Enron and WorldCom. Following these events, Congress passed the SOX Act of 2002. Which of the provisions of SOx do you consider the most significant? Why?