Yes, I believe so. The Sarbanes Oxley (SOX) act was passed in 2002 in order to reduce the opportunity for conflict of interest in certain instances where an organization may provide both financial auditing and consulting to the same business (Ferrell, Fradedrich & Ferrell, 2013). Where Enron had a major ethical breach was in that Arthur Anderson provided both services and failed to offer sound financial information when it was needed. The Sarbanes – Oxley Act was intended to protect investors through forcing a higher level of accuracy in financial disclosure while providing penalties for failing to do so (Kecskes, 2016).
There has been evidence shown to indicate the Sarbanes Oxley act has reduced fraud on a similar scale where a whistleblower
There has been evidence shown to indicate the Sarbanes Oxley act has reduced fraud on a similar scale where a whistleblower