In the United States, What Have Been the Major Impacts

question 12

Essay

In the United States, what have been the major impacts on companiand auditors of section 404 of the Sarbanes-Oxley Act (2002)? Has this section improved the quality of companies' internal controls? CASE

---

Definitions:

Impulsivity

A propensity for spontaneous action, showing a pattern of conduct with minimal to no planning, contemplation, or regard for potential outcomes.

Schizophrenia

A chronic and severe mental disorder that affects how a person thinks, feels, and behaves, characterized by episodes of psychosis including delusions, hallucinations, and disorganized thinking.

Delusions

Odd and false belief systems.

Disordered Perceptions

Abnormal interpretations or experiences of sensory information.