LEG 500 Week 10 DQ1

"Underlying Causes" Please respond to the following: - Analyze at least three underlying causes for the creation of the Sarbanes-Oxley Act. Next, rank the causes that you have analyzed from the most important to the least important to the creation of the Act. Explain your rationale. - Determine three most important provisions of the Sarbanes-Oxley Act. Provide a scenario or example of each to justify why each provision that you determined is important.

In the later part of 1990s, there was an epidemic of accounting scandals which arose with the disclosure of financials transgressions by trusted corporate executives. The misdeeds involved misusing or misdirecting funds, understating expenses, overstating the value of corporate assets or underreporting the existence...