Blundering Sarbanes-Oxley
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if you want to learn more about Sarbanes-Oxley you may find the book "Sarbanes-Oxley for Dummies" useful:
selfservingbooks (.) com/dummies/Sarbanes-Oxley-Dummies-Business-Personal-Finance/554
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aja978 3 years ago
This guy is completely oblivious as to what the purpose of SOX is. SOX provides for greater assurance that any material misstatement in the financial statements will be prevented or detected due to the company's sound internal control structure. However, SOX has NOTHING to do with the credit crisis as this guy suggests. It doesn't matter how good your internal controls are, it will NOT prevent DUMB BUSINESS DECISIONS which is what happened.
accountingguru1908 3 years ago 2
Accountants and Lawyers will benefit most in a socialist america. Sarbanes-Oxley was ahead of its time for the current socialist revolution now underway. It's a lot easier to nationalize companies when you raise barriers to entry.
pizzafrenzyman 3 years ago
You need to make a video explaining what Sarbanes Oxley is. We all know it is bad but for the uninformed who might be hearing of this the first time, they may not know where to research the info.
HappyCabbie 3 years ago 2