“Revamping the Sarbanes-Oxley Act (SOX)” Please respond to the following:
- We know that the Sarbanes-Oxley Act was created as the result of several high-profile fraud cases. Now that the act is over 10 years old, many think that it needs to be updated to reflect the changing times. Identify and discuss at least three changes that should be made to the act, indicating why these changes are necessary.
- Create an argument supporting three items in the act that you would not change.