Discuss the Events Leading Up to the Passage of the Sarbanes-Oxley

question 29

Essay

Discuss the events leading up to the passage of the Sarbanes-Oxley Act and its major provisions.

---

Definitions:

Self-Directed Teams

Teams that manage themselves without the need for direct supervision, including planning, executing, and monitoring their work.

Substantial Autonomy

Describes a significant level of independence or self-direction that an individual or unit has to make decisions.

Communities of Practice

Groups of people who share a concern, a set of problems, or a passion about a topic, and who deepen their knowledge and expertise in this area by interacting on an ongoing basis.

Virtual Teams

Groups of individuals who work together from different geographical locations and rely on communication technologies to collaborate.