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Assignment 1: Discussion—Sarbanes-Oxley Act

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Respond to the following question:

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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.
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