What recent act has attempted to reduce the possibility of more accounting scandals in our economy?

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act of 2002 was passed in response to the accounting scandals of Enron and WorldCom. It aims to improve corporate governance and reduce the possibility of future accounting scandals by imposing stricter regulations on public company accounting practices and increasing the accountability of corporate executives. Therefore, it is the most relevant recent act that attempted to reduce the possibility of more accounting scandals in our economy.

What Recent Act Has Attempted to Reduce the Possibility of More