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Sarbanes Oxley Essay Preview: Sarbanes Oxley Report this essay Sarbanes-Oxley Act of 2002 In response to many of the recent corporate and accounting scandals, the U.S. government passed the Sarbanes-Oxley Act of 2002. This act has been a major effect of the Enron and WorldCom scandals that have negatively affected our countrys whole economy. Many.