Question:
How did Sarbanes-Oxley addresses the situation below:
It has been said that many corporate executives seemed to believe that it was their job not to produce accurate financial statements for the auditors to certify, but rather to bully the auditors into certifying as aggressive a set of financial statements as possible. Prior to the passage of Sarbanes-Oxley, CEOs and CFOs would testify that they did not know that their companies' financial statements were incorrect and thereby had plausible deniability.