Enron and Sarbanes-Oxley Act

A classic case of bad accounting practices and abuse of power by company officers is the Enron scandal of 2001. Although somewhat complex, there were a few major offenses of the company that stood out. These bad faith practices seen at Enron and in other high profile scandals in the late 1900’s became the foundation for the passage of the Sarbanes-Oxley Act (SOX) .
Using the media assigned this week and additional sources elsewhere, write a 5 -page essay (excluding references) that summarizes the key points of the Enron scandal and how these points were specifically addressed in SOX.

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