Research the Sarbanes-Oxley Act on the Internet. Requirement 1. Surf around for information on internal control, write

Question:

Research the Sarbanes-Oxley Act on the Internet.

Requirement

1. Surf around for information on internal control, write a report of your findings, and present it to your class.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Financial and Managerial Accounting

ISBN: 978-0132497978

3rd Edition

Authors: Horngren, Harrison, Oliver

See More Books

Question Posted: Nov 24, 2022 02:39 AM

See More Questions

The Sarbanes Oxley Act of 2002 (SOX) has important implications for the financial community. Explain two implications of SOX.
The Sarbanes Oxley Act was issued in 2002 in response to the many corporate scandals to help reduce fraud, improve the reliability of financial reporting and restore public confidence in the...
The Sarbanes Oxley Act requires companies to document their business processes and internal controls. Evaluate how each of the flowcharts presented in the text document system and program may fulfill...
The IQ and VIQ are tools insurance producers use to learn more about internal assumptions regarding factors that ultimately control policy performance. They have information in all of the following...
Explain why cross hedges generally exhibit greater risk than hedges using a futures contract based on the underlying cash instrument hedged.
The pathgoal theory of leadership describes two sets of contingency factorspersonal factors of subordinates and work environment factors. Discuss how these factors affect the choice of leader...
What does customer focus mean? Who is the customer? LO.1
The 10-K of NIKE is reproduced in Appendix C. Required (a) What are the major sources of cash for the company, and what is it doing with that cash? (b) Were there any significant transactions in...
please help Sales Sales discounts Sales returns and allowances Cost of goods sold Carrier $ 163,000 3,000 15,000 96,715 Lennox $ 810,000 18,500 6,000 485,439 Trane $ 51,000 600 5,200 35,256 York $...
The disk shown moves in the xy plane. Knowing that (vA)y = ?? 7 m/s, (vB)x = ??7.4m/s, and (vC)x = ??1.4 m/s, determine (a) The angular velocity of the disk, (b) The velocity of point B. A 600 mm
In 50 words or fewer, explain the difference in calculating COGS using the FIFO, LIFO, and average-cost methods.
In 75 words or fewer, explain why there may be a difference between the bank statement ending cash balance and the ending balance in the Cash account. Give at least two examples each of adjustments...
Do you believe your groups analysis accurately describes the culture of the class you selected? Could other students who analyzed the culture of the same class come up with a very different result?...
Recall from Case 1.2 that Auto Concepts is a new division of a large automobile manufacturer that has been slowly losing market share to its competitors. Auto Concepts was created to reclaim the...
(a) Draw a simplified ray diagram showing the three principal rays for an object located inside the focal length of a diverging lens. $(b)$ Is the image real or virtual? (c) Is it upright or...
Show that the ray exiting the block in Figure P33.53 is parallel to the ray entering the block. Data from Figure P33.53
The element is subjected to the state of stress shown. If the material is machine steel having a yield stress of $\sigma_{Y}=750 \mathrm{MPa}$, determine the factor of safety with respect to...
Determine the vertical displacement of the ring at point $B$. $E I$ is constant. B P A
The defendant has threatened to breach an existing contract. When, if ever, can that threat provide the basis for a successful claim under the tort of intimidation?
ABC company leased new advanced computer equipment to STU Ltd on 1 January 2019.STULtd has to pay annual rental of $290,000 starting at 1 January 2019. It is a four years lease with ultimate rental...
Can accounting transactions be directly recorded in the general ledger? If so, why do most companies initially record transactions in the journal?
Why is the term double-entry an appropriate expression for describing an accounting system?
What are the initial steps in the accounting cycle and what happens in each step?
If you purchase a $1000 par value bond for $1065 that has a 6 3/8% coupon rate and 15 years until maturity, what will be your annual return? 5.5% 5.9% 5.7% 6.1%
Famas Llamas has a weighted average cost of capital of 8.8 percent. The companys cost of equity is 12 percent, and its pretax cost of debt is 6.8 percent. The tax rate is 22 percent. What is the...
The common stock of a company paid 1.32 in dividens last year. Dividens are expected to gros at an 8 percent annual rate for an indefinite number of years. A) If the company's current market price is...

Research the Sarbanes-Oxley Act on the Internet. Requirement 1. Surf around for information on internal control, write

Question:

Step by Step Answer:

Answers The SarbanesOxley Act SOX is a federal law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures SOX requires companies to maintain effective ...View the full answer

Financial and Managerial Accounting

Students also viewed these Business questions