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What Are The Key Issues Associated With The Sarbanes-Oxley Act Of 2002

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The immense pressure that an auditor faces daily is immense. This is due to their nature of work, which is under constant scrutiny. Not only must they perform well for their accounting firm, but they must also be in compliance with their clients and the government regulations, such as the Sarbanes-Oxley Act of 2002(SOX). While I do believe that SOX has addressed many key issues , such as requiring the CEO and the CFO to be held liable for all financial disclosures and has increased the ethical requirements of the corporate audit committee. There are still many problems that have not been dealt with. One of those issues involves independence. Are auditors truly independent if they are paid by their clients for their services. Another problem

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