Internal controls in finance

Reference no: EM1360721

1. Would better internal controls have prevented any of the biggest corporate scandals over the past few years? Give examples and explain.

2. Is it ethical to maintain the minimum required internal controls, or does an organization have a responsibility to provide more than the minimum? Why or why not?

3. If internal controls make so much business sense, why was it necessary to pass Sarbanes-Oxley into law?

Reference no: EM1360721

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