英语论文网

ed the Sarbanes-Oxley Act of 2002, which established new guidelines and direction for corporate. 

For example: 

Sarbanes-Oxley Act Section 104 : Inspection of registered public accounting firms. What it will do is Verify that financial statements are accurate. It could prevent using questionable accounting practices. 

Section 201: services outside the scope of auditors. What it will do is restrict auditors to audit activities only. It could prevent fostering improper relationships; reducing the likelihood of compromising a good audit for more revenue. 

Section 203: audit partner rotation. What it will do is rotate partners assigned to client so that “fresh eyes” see paperwork. It could prevent fostering “partner-in-crime” relationship.ect. 
All of the case study table C7-1. 

Sarbanes-Oxley Act goal strengthens the company responsibility, protects the public company investor's benefit to be exempt from company top manager and the related organization violation, its intrinsic logical mentality is: Enhances the public corporate finance report and information disclosure timeliness and the accuracy, may protect the public company investor's benefit effectively; But strengthens the company top manager financial report responsibility, provides the outside audit independently and so on, will be helpful in enhances the corporate finance report and the information disclosure quality. 

The special discussion audit independence, and proposes certain measures, one of them is forbids the Accounting firm both to provide the audit service to the identical customer, and provides the advisory service. Research discovered that after Sarbanes-Oxley Act implementation, the auditor is willing to provide the non-standard non-reservations the report of audit, moreover, in the corporation report profit the earnings management's degree reduces. This discovery supports the Sarbanes-Oxley Act enhancement audit independent inference. 

Because one of Sarbanes-Oxley Act central contents is the tighten auditing committee, the restricted surplus management (improves information quality). If the market can the full anticipated Sarbanes-Oxley Act influence, these earnings management be so high, the National audit office independence bad To be listed, its market response must be few with the earnings management, between the National audit office independence strong To be listed has the remarkable difference. Their experience result cannot obviously support its deduction. The author believed finally, Sarbanes-Oxley Act passing, but is quantity increases unceasingly to the market, the scale enlarges unceasingly accountant the corrupting practices event's instinct responded, it contains the content more is statesman's slogan and the instigation, but is not one kind of reform in the true sense. 

For the accounting profession, the Sarbanes-Oxley Act emphasizes auditor independence and quality, restricts accounting firms’ ability to provide both audit and nonaudit services for the same clients, and requires periodic reviews of audit firms. All are provisions that the Arthur Andersen of the past would likely have supported wholeheartedly.
本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。