Review the guide to the Sarbanes-Oxley Act located at http://www.soxlaw.com.
Write a four page paper in which you:
1. Evaluate the effectiveness of regulations such as Sarbanes-Oxley Act over minimizing the corporate fraud and protecting investors and make (1) suggestion for improvement.
2. Given the oversight of the accounting profession by the PCAOB as a result of the Sarbanes-Oxley Act, assess the impact on auditing firms and the public accounting professions.
3. Offer your opinion as to whether or not you believe the accounting profession is better off being self or government regulated with regard to a firm’s ability to detect and report corporate fraud.
4. Predict whether or not corporate fraud will be reduced, increase, or remain the same based on requirements for audits of publicly traded companies as prescribed in the Sarbanes-Oxley Act. Support your position
5. Use at least four quality resources.
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