What is the implication of the accounting misconducts for corporate governance? What have standard-setters done to address the accounting problems of Lehman Brothers company? Refer to the Sarbanes-Oxley Act of 2002 and the Dodd-Frank Act of 2010 to answer the above question. You can use the following links to get an overview of the acts: http://en.wikipedia.org/wiki/SarbanesOxley_Act and http://en.wikipedia.org/wiki/Dodd- Frank_Act.

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