Acc291 Article Analysis

Article Analysis University of Phoenix ACC291 Taking a nip at whether or not companies are acting honourable because they turn over legality or because they deal to take the laws set forth by the Sarbanes-Oxley Act of 2002 is close tothing either investors should do before they invest. Companies do not always act ethic every(prenominal)y because they motive to be impart and h matchlessst with their customers, employees, or investors, some do it simply because they provoke to in recount to ride go forth by the laws, rules, and regulations, and then retributive barely. While reading octette Years After The circumstance Is SOX Working? A shade At The Brooke Corporation mavin can notice some(prenominal) things ill-timed and ways that could precede to unethical practices and behaviors in accounting. For instance the play along founder Robert Orr held several roles in management for the parent ships company as nearly as finance officer and opposite key positions that could apply the door to unethical behaviors (Hazels, 2010). Holding all of these positions within a company and its subsidiaries all at the alike(p) time gives one person too much maneuver over the pecuniary aspect and its reporting. This can lead to training the books or plane off the top.

For Robert Orr it would have or could have gone towards cooking the books since he himself was the founder of the company and had no real source to skim money from himself. Another stern post that was mentioned in this article was that this company dealt with insurance companies and would dire ct these companies to send all monies to the! m (commissions they call them) and the Brooke Corp. would take their portion out before notice it on to the intended party. Brooke would also garbage to send communicate commission reports to these individuals and several complaints were made. In this situation Brookes Corporation could have very easily taken more(prenominal) money than they were sibylline to because they refused to send reports proving that the amount of money they took was the pass up amount versus...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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