Analyzing the Sarbanes-Oxley Act’s Regulatory Scope

Analyzing the Sarbanes-Oxley Act’s Regulatory Scope

LAW421-Week5-ArticleReviewMemo

Sarbanes-Oxley Act (SOX Act) of 2002

LAW/421

MEMORANDUM

UNIVERSITY OF PHOENIX

DATE: ……………..

TO: ……………

FROM: ………………

RE: Sarbanes-Oxley Act: Was the ‘one-size-fits-all’ approach justified?

Article Synopsis

The article in question discusses the implications of the Sarbanes Oxley Act and attempts to determine if the regulations are acceptable for all organizations. The article points out how the different rules and legislature affect different size business, and the ramifications that resulted for companies that must follow the Sarbanes-Oxley Act.

The authors of the article also conducted a detailed study on whether or not fraud of the financial statements was in direct correlation of businesses filing bankruptcy (Nogler & Inwon, 2011, p.…