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Abstract
The members of Team C are consultants for publicly traded company that needs to familiarize itself with the ins and outs of Sarbanes-Oxley. The major provisions of Sarbanes-Oxley are explained, as are arguments concerning the pros and cons of Sarbanes-Oxley. Following the pros and cons arguments, an assessment of the impacts of Sarbanes-Oxley is provided. The last discussion included is the ethical considerations of Sarbanes-Oxley with examples of potential unethical behavior.


Major Provisions of Sarbanes-Oxley
On January 22, 2003, the SEC adopted the provisions of section 401(a) of the Sarbanes-Oxley act that President Bush signed into law the previous July. On the website www.sarbanesoxley.com, accountants or anyone who pays for the service, can type the stock symbol for a public company and obtain audit information including revenues, asset, controls, as well as a company's clients and year-to-year changes in the company's financial information. "Auditing,......

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Approximate Word Count: 1567
Approximate Pages: 7 (250 words per double-spaced page)

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