April 2018
Intermediate to advanced
372 pages
10h 11m
English

Following the collapse of Enron, WorldCom, and several other major multinational companies, the capital markets experienced the Era of Accountability 1.0, which included the passage of Sarbanes-Oxley (Sarbox) in 2002. Sarbox brought new standards for conduct and governance for public-company boards of directors and officers, new and more stringent reporting requirements, stronger internal controls, and stiffer penalties for noncompliance. It also influenced the focus and depth of M&A due diligence standards, which began to take deeper dives into issues of financial reporting, objectivity, and verification. This is discussed further ...