Which of the following events have made the Forensic Accounting industry more popular recently?
A) Corporate Scandals.
B) Sarbanes-Oxley Act of 2002.
C) Crime Dramas on Television.
D) Both a and

Question

Quizplus · Accepted Answer

Both corporate scandals such as Enron and WorldCom, and the passing of the Sarbanes-Oxley Act, which requires companies to have stronger internal controls and financial reporting procedures, have increased the demand for forensic accounting services. While crime dramas on television may raise awareness of forensic accounting as a profession, they have not had a direct impact on its popularity.

Which of the Following Events Have Made the Forensic Accounting