(3) Testing for long-lived asset m an... THE IMPACT OF SARBANES-OXLEY " According to this case, the Lakeside Company is considering a public offering of stock to finance its growth. What steps would the Lakeside Company have to take before issuing stock to the public? In particular, how would the provisions of the Sarbanes-Oxley Act impact this decision? How does the possible public sale of stocks impact the Lakeside Company financial reporting requirements? Explain how the acceptance of a public company would impact a CPA firm. In particular, how would Roger's decision about offering stock to the public impact Abernethy and Chapman's decision of whether or not to accept Lakeside as a client? 1000HW 919 1910 O TO D O Thuone A 8 1010512 DUE TOEN DIE JOUBO DUO no 100 upon Dora B o o 7 DUBT Dont 1021069 1099