Research some common criticisms of the sarbanes-oxley act

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Created in the wake of the accounting scandals in the early 2000s (Enron and WorldCom being the largest), the U.S. federal law known as Sarbanes-Oxley has had its fair share of supporters and opponents. Like all legislation, some industries benefitted while others were harmed.

Research some common criticisms of the Sarbanes-Oxley Act and weigh the benefits of the legislation. In 1-2 pages, discuss the need for the legislation and how it helped and hurt American businesses. Was it appropriate considering the times? How could it be improved? Should it be overhauled?

Reference no: EM13978736

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