I have previously reported upon how the fallout from the infamous US corporate scandals, such as Enron, WorldCom and Xerox, helped lead to an increased focus upon matters such audit, disclosure and corporate governance generally, not just in the States, but around the business world. From the perspective of lawyers, this has led to a very significant growth in the area of compliance, as regulations have been tightened in an attempt to prevent similar scandals occurring in the future.
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