Sarbanes-Oxley Act (SOX)

Help with five to seven pages in which you:

Assess the sections of SOX, indicating the sections that you believe have the most impact on companies. Provide support for your rationale.

Assess the sections of SOX, indicating those sections that have the greatest impact on the external auditor. Provide support for your rationale.

Evaluate the external auditors response options requesting the external auditor to limit testing and the scope of an audit engagement by giving consideration to the ethical requirements and the auditors responsibility imposed by the Public Company Accounting Oversight Board (PCAOB). Recommend that based option providing a justification for your recommendation.

Evaluate the cost / benefit ratio for most companies required to comply with SOX. Indicate whether the benefits are equivalent to the cost for minimizing the risk of accounting fraud. Provide support for your analysis.