Discuss the impact of the Sarbanes-Oxley Act on financial reporting and disclosure and assess whether or not you believe it helps provide accurate information to users of financial statements.
Suggest an alternative to regulation for providing accurate financial information to stakeholders.
"Ethical Responsibilities"
Please respond to the following:
Create a scenario of accounting behavior that may be legal but not ethical. Explain your rationale.
Evaluate whether or not accounting professionals have an expected higher ethical standard than other professions.