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AN ANALYSIS OF THE SARBANES-OXLEY ACT OF 2002

PURPOSE
Because of numerous accounting scandals and many subsequent bankruptcies, the President and Congress have put into effect significant financial reform by the creation of the Sarbanes-Oxley Act of 2002 ("Act"). The purpose of this paper is to briefly analyze the impact the Act has on the business community.


SCOPE
To accomplish this purpose, this paper will briefly explore the circumstances leading to this legislation, discuss a brief summary of the main points of the Act, and analyze some of the ramifications for the corporate and accounting professions.

APPROACH
This paper examines the events that led to the need for a restructuring of the way companies account for their responsibilities to the public. A summary of the main points of the legislation that affects companies and accountants will be listed. Also discussed is the impact the Act has on the workload of the accountants and the increased costs for...

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Title: AN ANALYSIS OF THE SARBANES-OXLEY ACT OF 2002
Approximate word count: 3995
Approximate pages: 16 (250 words per double-spaced page)

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   AN ANALYSIS OF THE SARBANES-OXLEY ACT OF 2002. AN ANALYSIS OF THE
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