It's been more than a decade since the Sarbanes-Oxley Act (SOX) was enacted. For those of you who hold stocks in publicly traded companies, do you find the financial statements of the companies you invest in more reliable and truthful now than when the SOX was first enforced?
As for those of you CPAs out there who work in or serve the publicly traded companies, do you feel that SOX has effectively established clear accounting and reporting practices for both the boards of publicly traded companies and the public accounting firms?
