Discuss about the effect of the sarbanes-oxley act

Reference no: EM132078507

Question: The Sarbanes-Oxley Act (also called the Public Company Accounting Reform and Investor Protection Act of 2002) was enacted to address major accounting scandals, such as those at Enron and WorldCom, and to increase investor confidence in financial reporting. Research the Sarbanes-Oxley Act, using the Capella library or the Internet. List your sources and discuss the following:

In your opinion, what are some of the Sarbanes-Oxley Act's major positive points or advantages?

In your opinion, what are some of the Sarbanes-Oxley Act's major negative points or disadvantages?

Do you believe the net overall effect of the Sarbanes-Oxley Act is net advantageous or net disadvantageous? Justify your response.

Might a corporate manager respond differently to your listing of advantages and disadvantages than a shareholder, or potential shareholder? Justify your response.

Reference no: EM132078507

Questions Cloud

Analyze anti-miscegenation statutes in the united states : Research, review, and analyze Anti-Miscegenation Statutes in the United States and chose two (2) relevant cases.

What is the return on equity : The Saw Mill has a return on assets of 7.92 percent, a total asset turnover rate of 1.18, and a debt-equity ratio of 1.46. What is the return on equity?

Prepare the journal entry to record income tax expense : Prepare the journal entry to record income tax expense, deferred taxes, and income taxes payable for 2015, assuming a tax rate of 30% for all years

What should be the primary goal of sirius xm management : Satellite-radio firm Sirius XM posted earnings and showed some signs of improvement over last year. The company expanded its subscriber base following.

Discuss about the effect of the sarbanes-oxley act : The Sarbanes-Oxley Act (also called the Public Company Accounting Reform and Investor Protection Act of 2002) was enacted to address major accounting scandals.

Case study jumbun cultural engagement : Read the Case Study 'Jumbun Cultural Engagement' (see below) and discuss the following:

Cost of maintaining the site : After all of the houses are built and before all are sold, the cost of maintaining the site is $10,000per monthDraw the cash flow diagram.

Devise a plan to assess the current challenges : HSA 540 : Devise a plan to assess the current challenges facing the hospital. Recommend a sequence for improvement.

For how much should she wrote a check : When Sarah Jean purchased her house 12 years ago, she took out a 30-year mortgage for $220,000. The mortgage has a fixed interest rate of 6 percent compounded.

User Account

All Pages