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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 653 |
Essay's paper body
The increases of disclosure requirements require many more demands on the company and the executives but the increase is required to prevent fraudulent disclosure.
The way a company decides to conduct business is by choice, and sometimes those business choices may or may not be ethical in society. Fraudulent financial reporting is unethical choice and may occur when the company’s environment are not controlled...
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Fraudulent financial reporting is unethical choice and may occur when the company’s environment are not controlled. The SEC and the government have developed new laws to prevent companies from filing fraudulent financial reporting. The newest law is the Sarbanes-Oxley Act and the law requires companies to become compliant with better controls and protection against fraudulent financial filing and requires auditor to audit the financial statements...
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