Question 1: How does the Sarbanes-Oxley Act influence publicly traded companies' need for systems reliability assurance and how is it different from traditional assurance services? Are there any similarities between the two? If so, what are they?
Question 2: How has the Sarbanes-Oxley Act influenced the accounting profession's need to shift from a detection and correction model to a before-the-fact prevention strategy? Do you believe that such a before-the-fact prevention strategy is necessary? Why? Why not? If you do believe that the shift to such a strategy is necessary - why is the old strategy considered inadequate?