Hilda Hoyt
XACC/291
April 23, 2015
Dr. Johnny Hamblin
Ethical Behavior
The question asked, did the Sarbanes-Oxley Act make any difference and why or why not do I think this way.
This Act made a big difference in the ethical behavior of companies. In the past some companies felt that they could take any liberty and show it in any way they wanted on their financial statements. For example, they need another tax break, so they would get an upper management a new car, when they had just purchased one the previous year. This one had not depreciated that much, but a tax write off was needed. This can be viewed as ethical wrong. Why not look at other ways to put you into another tax bracket, such as improve your employee