questions 6,7 and 8. thank you
(4) Describe at least three specific internal control policies and/or procedures that would have helped to prevent the fraud described in the SafeNet case. Justify your response. (5) Red Flags are also known as Fraud Symptoms. List the 'red flags mentioned in the case. Provide justification from the case for the flags you identified. (6) List and describe two internal controk that you believe might have helped to detect this fraud. Explain how the internal controls you listed would have helped to detect this fraud. (7) Corporate Governance topic discussion: Please compare and contrast the corporate governance structure at SafeNet for these two periods (Pre-Sor and Post-SOX). Do you believe the post-SOX changes in corporate governance served the purpose of preventing management fraud in terms of Audit Committee, Compensation Committee, and Board of Directors? Please justify your response. The face of corporate governance changed as a result of the Sarbanes-Oxley Act of 2002 legislation. An evaluation of SafeNet's proxy statement before and after SOX provides a glimpse into some of these changes. Obtain SafeNet's definitive proxy statements (filing type 2 DEF 14A) for the meetings held on July 22, 2002 (pre-sok) and July 28, 2006 (post-sOX) from the SEC EDGAR database (http://www.sec.gov/edgar searchedgar webusers htm). (Hint filing dates will be earlier than the meeting dates.) Compare and contrast the corporate governance structure a: SafeNet for these neo periods. (Hint: begin with the 2006 meeting search the proxy statement for Corporate and Post-SOx). Do you believe the post-SOX changes in corporate governance served the purpose of "preventing management fraud" in terms of Audit Committee, Compensation Committee, and Board of Directors? Please justify your response. The face of corporate governance changed as a result of the Sarbanes-Oxley Act of 2002 legislation. An evaluation of SafeNet's proxy statement before and after SOX provides a glimpse into some of these changes. Obtain SafeNet's definitive proxy statements (filing type % DEF 14A) for the meetings held on July 22, 2002 (pre-sox) and July 28, 2006 (post-SOX) from the SEC EDGAR database (http://www.sec.gov/edgar/searchedgar/webusers.htm). (Hint filing dates will be earlier than the meeting dates.) Compare and contrast the corporate governance structure at SafeNet for these two periods. (Hint: begin with the 2006 meeting: search the proxy statement for Corporate Governance.") Your discussion should include, but not limit to the similarities and differences between the two periods. Include in your discussion the purpose of the committees, the number of members, number of meetings, payment for attendance at meetings, and anything else you find to compare and contrast. Create a chart table may be useful to assimilate information for each of the Board of Directors, the Audit Committee, and the Compensation Committee 2002 Metin 200 Must For 2001 Focal Year 2005 Numero Nunhof independent wire www (8) Consequences to Carole Argo and SafeNet, Inc. Conduct research to determine the outcomes of the SEC v. Carole Argo and the U.S. DOJ v. Carole Argo Describe the outcomes and the consequences imposed on Carole Argo Document your sources, Note: Be specific in supporting your points. For example, simply stating that the company's segregation of duties appear satisfactory as a strength will receive no credit. You must clearly articulate which duty is segregated from what other duties and how this segregation helps to strengthen the company's internal control. Page limit is 8, standard margin, Times New Roman 12 font. (4) Describe at least three specific internal control policies and/or procedures that would have helped to prevent the fraud described in the SafeNet case. Justify your response. (5) Red Flags are also known as Fraud Symptoms. List the 'red flags mentioned in the case. Provide justification from the case for the flags you identified. (6) List and describe two internal controk that you believe might have helped to detect this fraud. Explain how the internal controls you listed would have helped to detect this fraud. (7) Corporate Governance topic discussion: Please compare and contrast the corporate governance structure at SafeNet for these two periods (Pre-Sor and Post-SOX). Do you believe the post-SOX changes in corporate governance served the purpose of preventing management fraud in terms of Audit Committee, Compensation Committee, and Board of Directors? Please justify your response. The face of corporate governance changed as a result of the Sarbanes-Oxley Act of 2002 legislation. An evaluation of SafeNet's proxy statement before and after SOX provides a glimpse into some of these changes. Obtain SafeNet's definitive proxy statements (filing type 2 DEF 14A) for the meetings held on July 22, 2002 (pre-sok) and July 28, 2006 (post-sOX) from the SEC EDGAR database (http://www.sec.gov/edgar searchedgar webusers htm). (Hint filing dates will be earlier than the meeting dates.) Compare and contrast the corporate governance structure a: SafeNet for these neo periods. (Hint: begin with the 2006 meeting search the proxy statement for Corporate and Post-SOx). Do you believe the post-SOX changes in corporate governance served the purpose of "preventing management fraud" in terms of Audit Committee, Compensation Committee, and Board of Directors? Please justify your response. The face of corporate governance changed as a result of the Sarbanes-Oxley Act of 2002 legislation. An evaluation of SafeNet's proxy statement before and after SOX provides a glimpse into some of these changes. Obtain SafeNet's definitive proxy statements (filing type % DEF 14A) for the meetings held on July 22, 2002 (pre-sox) and July 28, 2006 (post-SOX) from the SEC EDGAR database (http://www.sec.gov/edgar/searchedgar/webusers.htm). (Hint filing dates will be earlier than the meeting dates.) Compare and contrast the corporate governance structure at SafeNet for these two periods. (Hint: begin with the 2006 meeting: search the proxy statement for Corporate Governance.") Your discussion should include, but not limit to the similarities and differences between the two periods. Include in your discussion the purpose of the committees, the number of members, number of meetings, payment for attendance at meetings, and anything else you find to compare and contrast. Create a chart table may be useful to assimilate information for each of the Board of Directors, the Audit Committee, and the Compensation Committee 2002 Metin 200 Must For 2001 Focal Year 2005 Numero Nunhof independent wire www (8) Consequences to Carole Argo and SafeNet, Inc. Conduct research to determine the outcomes of the SEC v. Carole Argo and the U.S. DOJ v. Carole Argo Describe the outcomes and the consequences imposed on Carole Argo Document your sources, Note: Be specific in supporting your points. For example, simply stating that the company's segregation of duties appear satisfactory as a strength will receive no credit. You must clearly articulate which duty is segregated from what other duties and how this segregation helps to strengthen the company's internal control. Page limit is 8, standard margin, Times New Roman 12 font
