Sarbanes-Oxley Act

Respond to the following question:

• How do unethical accounting practices affect internal and external stakeholders? Cite at least one regulation to present the legal perspective.

The Sarbanes-Oxley Act contains ten titles or sections.

• Summarize the major reform principles of any three titles.
• Select one major corporation failure from the past ten years, and analyze how it could have been avoided if the principles of Sarbanes-Oxley would have been followed.

400 words.