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Topic: |
Business
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Number of pages / Number of words: |
3 / 717 |
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Without a foundation, the civilization would fall. The surbanes-oaxley act of 2002 is an excellent example of ethics in accounting and finances. According to the surbanes-oxley act, it was a law created as form of investor protection. This law was passed due to accounting scandals involved with Tyco International and Enron...
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Scandals such as the ones mentioned before are reasons why ethics in business are very important. Businesses' will do anything to make money, for which a company is usually based on. The surbanes-oxley act is an excellent way for businesses to track their accounts and finances without having the risk of being penalized from performing any illegal act...
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