Internal controls help a company to protect the various assets, which include cash and physical assets. These controls are covered by the Sarbanes-Oxley Act, which provides the framework of the controls a public business must have in place. Provide the reasons for this act and the components of internal controls which it implemented. Provide both the pros and cons of the Sarbanes-Oxley Act. Internal controls help a company to protect the various assets, which include cash and physical assets. These controls are covered by the Sarbanes-Oxley Act, which provides the framework of the controls a public business must have in place. Provide the reasons for this act and the components of internal controls which it implemented. Provide both the pros and cons of the Sarbanes-Oxley Act