while president bush generally continued the deregulatory approach of his predecessor president clinton, an important exception was the sarbanes–oxley act of 2002, which followed high-profile corporate scandals at enron, world com, and tyco international, among others. it required auditors to be more independent of the firms they audit, corporations to rigorously test their financial reporting controls, and top executives to attest to the accuracy of corporate financial statements, among many other measures.