Fraudulent Behavior
Discuss the motives of the executives to commit fraud. Discuss the culpability of the accountants in preparing the questionable accounting estimates for the cost to compete.
Evaluate whether the SOX and PCAOB have been effective in reducing unethical behavior of corporate executives. Propose at least two amendments or provisions to SOX that would make management more accountable for the accuracy of financial statements, or provide additional sanctions that might reduce unethical behavior. Support your position.