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Assuming that you are the controller for a publicly traded company, your CFO has asked you to prepare a presentation for the accounting department personnel and the public auditors about the importance of the SOX Act and the requirements and responsibilities that the Act establishes for the auditors in charge of an annual audit. After the presentation, the CFO wants all accounting personnel and public accounting auditors to understand the regulations and guidelines established by the SOX Act and also for you to provide recommendations as to how the Act's principles can be improved to make American corporations more ethically responsible.
Prepare a Power Point presentation of at least 20 slides that includes the following:
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Do your answers above depend on the time frame? In other words, do some parties stand to gain initially but lose in the long run? If so, explain how.
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