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shakira cruz

shakira c.

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Jennifer Stoner verified

Numerade educator

After the fall out of Enron, the Sarbanes Oxley Act (SOX) was passed to help regulate accounting practices by businesses.

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INSTANT ANSWER

Review the Enron video and research this corporate scandal on your own. Why do you think that it took so long for Enron's financial status to be uncovered? Do you think that the right people were held accountable? After the fall out of Enron, the Sarbanes Oxley Act (SOX) was passed to help regulate accounting practices by businesses. Do you feel that the government must pass regulations in order for businesses to act ethically? Provide another example of unethical business practices that led to increased regulation.

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