Monopoly: Do not pass Go, Do not collect $200. Is more government oversight of corporate finances needed?

"Corporate Fraud"...when you hear those words the first, most recent incident, many think of is The Enron Scandal. This same scandal produced the Public Company Accounting Reform and Investor Protection Act of 2002. This much needed act created the Public Company Accounting Oversight Board under the Security Exchange Commission's supervision. This board sets accounting standards and investigates Certified Public Accountants and companies to ensure they are following the guidelines set forth. This board has also …

…we will be back where we started. Works Cited "Enron Scandal," Microsoft â Encartaâ Online Encyclopedia 2004 <Tab/>http://encarta.msn.com ã 1997-2004 Microsoft Corporation. Gutman, Huck. "Enron Scandal: The Long, Winding Trail." DAWN. 16 February <Tab/>2002. Saporito, Bill. "How Fastow Helped Enron Fall." 10 February 2002. Time Online <Tab/>Edition. http://www.time.com/time/business/article/0,8599,201871,00.html