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The Sarbanes-Oxley Act of 2002 (SOX) was among the most significant congressional acts to impact the auditing profession. As is often the case, Congress

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The Sarbanes-Oxley Act of 2002 (SOX) was among the most significant congressional acts to impact the auditing profession. As is often the case, Congress passed this legislation in response to specific events that damaged the financial markets and the credibility of audits. a. Please provide a description of the events that spurred Congress to enact SOX. b. Describe the major reforms that came about from the passage of Sarbanes-Oxley.

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