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In previous accounting classes, you studied the SarbanesOxley Act of 2 0 0 2 ( SOX ) and the impact that it has had on
In previous accounting classes, you studied the SarbanesOxley Act of SOX and the impact that it has had on publicly traded companies and the external auditors who audit them. Although SOX addressed the corporate frauds in the US economy, government and notforprofit NFP entities have benefited from it as well. Some states have adopted their own version of SOX to assist in the governance of NFP entities.For this unit, do the following:Explain the different parts of SOX that you think would affect government agencies and NFPs and how you think it could also help them prevent fraud
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