Question

Instructions Discussion Question Respond to the following: Will the CEO and CFO certification requirement reduce Compose a 150-word corporate fraudulent response to the discussion conduct? Does item. Your response must Sarbanes-Oxley Act be supported by details and promote more examples. Your original ethical behavior response must be from corporate completed no later than the officers and second day of this module. directors? Outline Read other students' posts what the act and respond to at least two mandated for other students no later than companies like the the fourth day of this Public Company module. Accounting Oversight Board to oversee the accounting industry.

Answer 1

Sure, the law would certainly help the public prevent dishonest corporate actions by requiring CEO and CFO to take responsibility for reviewing and signing key financial documents. Because CEO and CFO can now be directly connected to the documents they have signed, they are certainly going to pay more attention to checking important documents.

Yes, in order to promote more ethical behavior from corporate officers, the Sarbanes-Oxley Act has adopted varied regulations. Of example, the necessity of CEO or CFO certification is used to prevent the problem from happening at the very end, and all sorts of sanctions are used to discourage wrong actions. All of these are definitely helpful in promoting more ethical behaviour. Conclusion: The Sarbanes-Oxley Act is a well-designed system of regulation designed to protect the interests of investors. The process uses a variety of laws to discourage or prevent problems from occurring; overseeing all kinds of companies across the U.S. is an important step forward.