Friday, October 18, 2019
Article review Example | Topics and Well Written Essays - 500 words - 1
Review - Article Example ) ââ¬Å"The goals of SOX were to enhance the transparency of financial information, reaffirm auditor independence, and define corporate governance ââ¬â the responsibilities of corporate boards and audit committeesâ⬠. The author has pointed out the advantages of Sarbanes act on the economy and young generation, as many of them are indulging in educating themselves on the aspects of this new law. However, one fact that distracts the reader is that, paragraphs are divided in to real small units. Moreover it can be realized that, the third paragraph is slightly complicated, which can turn the readers perplexed and confused. Many a times, readers can be of ordinary category and they can find theses sentences overwhelming or distracting. On the other hand, the best part is that, the third paragraph gives out statistical fact and figure by mentioning historical evidence on the financial security acts. In the third paragraph, there is also statement about the merits of the Sarbanes Act on the financial and investment sector Further, more proceeding into the later paragraph, it can be understood that the writer is projecting on the quality of PCAOB (Public Companies Accounting Oversight Board) in giving organizations an opportunity in securing their investment and financial transaction processes. It is stated in the article that, PCAOB will establish quality control in auditing, maintain ethical independence and standards in a registered public accounting firms. Moreover, the authenticating nature of PCAOB is revealed in the article, where in it shows how the accounting firms, media and press consider the above listed act. Another highlight of the PCAOB is detailed as its ability to give employment opportunity to people in information technology field. According to (Rosavich)ââ¬Å" Documenting internal control involved a thorough review of systems and also meant additional employment opportunities for information technology professionalsâ⬠. The writer had presented the
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