Assignment 1: Discussion—Sarbanes-Oxley Act

Respond to the following question:

  • How do unethical accounting practices affect internal and external stakeholders? Cite at least one regulation to present the legal perspective.

The Sarbanes-Oxley Act contains ten titles or sections.

  • Summarize the major reform principles of any three titles.
  • Select one major corporation failure from the past ten years, and analyze how it could have been avoided if the principles of Sarbanes-Oxley would have been followed.

Submission Details:

  • By the due date assigned, in a minimum of 400 words, post a summary of your findings to this Discussion Area by saving your submission as M3_A1_lastname_firstinitial.doc and submit it to this Discussion Area.
  • Through the end of he module, respond to at least two of your classmates’ posts and provide feedback on the clarity and effectiveness of their use of the titles from the Sarbanes-Oxley Act.

Write your initial response in 300–500 words. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation

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