Which one of the following provisions was passed by Congress to meet a social goal of the tax law?

In July 2002, Congress passed the Sarbanes-Oxley Act. Theprovisions of the Act apply mainly to publicly held companies andtheir audit firms. Explain briefly how the Act affectsaudit firms concerning audit reports, audit documentation, internalcontrol, and other services provided by auditors to theirclients.

Elizabeth and class, our text discusses the "credibility crisis" faced by the accounting profession during the early 2000s. It is interesting to note that the SEC requested that the profession establish the Panel on Audit Effectiveness in 2000 - which was prior to the announcement of the accounting irregularities that occurred in Enron and WorldCom. Following these events, Congress passed the SOX Act of 2002. Which of the provisions of SOx do you consider the most significant? Why?

what are your thoughts as emerging professionals about the taxreform act just passed by the Congress?