Question
Explain the impact of Sarbanes-Oxley on a company's internal controls. Be sure to define internal controls and discuss the basic principles for assessing internal controls.
Explain the impact of Sarbanes-Oxley on a company's internal controls. Be sure to define internal controls and discuss the basic principles for assessing internal controls.
Step by Step Solution
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Step: 1
The SarbanesOxley Act SOX passed in 2002 significantly impacted a companys internal controls by introducing stricter requirements for financial reporting and corporate governance This legislation was ...
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Step: 2
Step: 3
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International Financial Management
Authors: Cheol S. Eun, Bruce G.Resnick
6th Edition
71316973, 978-0071316972, 78034655, 978-0078034657
