Immediately after the demise of Enron and WorldCom, the US Congress passed what is known as Sarbanes-Oxley (SOX) Act legislating what managers of

Immediately after the demise of Enron and WorldCom, the US Congress passed what is known as Sarbanes-Oxley (SOX) Act legislating what managers of publicly traded companies need to do in maintaining their books and records. In an initial post of 200-250 words, explain how this piece of federal legislation impact generally accepted accounting principle.