When enron with 62 billion in assets declared bankruptcy in

Reference no: EM13589757

When Enron, with $62 billion in assets, declared bankruptcy in December 2001, it was the largest bankruptcy in U.S. history. In June 2002, Arthur Andersen, once the largest CPA firm, collapsed. In response to these problems, Congress passed the Sarbanes-Oxley Act of 2002. Recommend actions that can be taken by auditors to satisfy the Sarbanes-Oxley Act. Support your solutions with references to specific textbook pages.

Reference no: EM13589757

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