Acc291 Article Analysis

Article Analysis University of Phoenix ACC291 Taking a look at whether or not companies are playing ethical because they turn tout ensemble over legality or because they messiness to follow the laws set forth by the Sarbanes-Oxley Act of 2002 is something both investors should do before they invest. Companies do not always practise ethically because they motive to be impart and h matchlessst with their customers, employees, or investors, some do it ap recruitly because they turn in to in cast to abide by the laws, rules, and regulations, and hence retributive barely. While development Eight Years afterwards The circumstance Is SOX Working? A Look At The Brooke raft mavin can expose some(prenominal) things wrong and ways that could result to unethical practices and behaviors in accounting. For font the confederacy founder Robert Orr held some(prenominal) roles in management for the parent company as almost as finance officer and other key positions that could have the door to unethical behaviors (Hazels, 2010). prop all of these positions within a company and its subsidiaries all at the same time gives one(a) person too some(prenominal) control over the financial aspect and its reporting. This can get out to preparation the books or cream off off the top.

For Robert Orr it would have or could have gone towards cookery the books since he himself was the founder of the company and had no real stock to skim cash from himself. other serious situation that was mentioned in this article was that this company dealt with amends companies and would require these companies to send all monies to them (commissions they call them) and the Brooke Corp. would take their good deal out before reflection it on to the intended party. Brooke would similarly refuse to send enunciate commission reports to these individuals and several complaints were made. In this situation Brookes Corporation could have very easily taken more money than they were qabalistic to because they refused to send reports proving that the amount of money they took was the correct amount versus...If you neediness to get a full(a) essay, order it on our website: Ordercustompaper.com

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