Article Review

Article Review

Ethics Article Review

The central issue in the article written by Diana (2005) focuses on the financial impact brought to corporations following Sarbanes-Oxley reform. To be compliant, the businesses must hire outside accounting firms for auditing purposes thus increasing costs. Further contributing to intensifying expenses large, recognized auditing organizations fees for services rose over 100%. Then there is the cost of obtaining software to aid in compliance to the law. The author also touches on the idea that the mandatory compliance certifications, along with handcuffed convicted offenders appearing in media turn some potential CEO's and CFO's away from pursuing ...