Examlex
Purchasing a higher quality of materials than is specified by the standard will likely result in
Sarbanes-Oxley Act
A U.S. law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures.
Public Company Accounting Oversight Board
A nonprofit corporation established by Congress to oversee the audits of public companies in order to protect the interests of investors.
Enron
A former American energy company that went bankrupt in 2001 due to one of the largest accounting frauds in history.
WorldCom
Once a major telecommunications company that became infamous for its involvement in one of the largest accounting fraud scandals in history.
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