An article in TIME this week reports on the changes due to the new Sarbanes-Oxley act passed in 2002. The Act has given accountants real clout and has increased their revenues due to audit fees 38%. The Act also created a new agency called the Public Company Accounting Oversight Board, which checks the accounting firms' work. It also prohibits auditing firms from selling lucrative strategic consulting services to the entities it audits, eliminating the age-old conflict-of-interest.