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25 votes
Congress passed the Sarbanes-Oxley Act to

User Farid Cheraghi
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20 votes

Answer:

make sure auditors don't lie to investors saying the companies they are auditing are successful if they are not . year 2002

Step-by-step explanation:

made rules for how managers and auditors control and report company finances

in 2001 company Enron was internally fabricating financial records and falsifying the success of its company. Arthur Andersen was the auditor telling investors that the company was successful even though it wasn't . sarbanes oxley act came from this

enron went out of business

Arthur Andersen was punished & became Accenture

User Jawache
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to… help protect investors from fraudulent financial reporting by corporations
User Jcarpio
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