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Impact of the Sarbanes-Oxley Act on Accounting in Non-Profit Healthcare Organizations.

18211. Impact of the Sarbanes-Oxley Act on Accounting in Non-Profit Healthcare Organizations.

This paper describes the Sarbanes-Oxley Act of 2002, its requirements, its benefits, and critical responses to it. It is argued that not-for-profit healthcare organizations should adopt selected standards of the Act in order to improve their ethical reputation and financial performance, and also in anticipation of new standards being imposed on the industry in the upcoming future. Some recommendations are provided for implementing selected standards. KEYWORDS: business law ethics accounting nonprofit organizations healthcare. APA Style. 14 pages, 34 footnotes, 10 bibliographic sources.

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