Discuss the history and basic reasoning of sox legislation

Assignment Help Accounting Basics
Reference no: EM132015871

Question - Given the seriousness of the well-known corporate financial scandals of the past, the CEO plans to hold a company-wide meeting with all employees. He waited until you came on board so you could share your thoughts with him about what to communicate to the workforce.

1. Discuss the history and basic reasoning of SOX legislation.

2. Discuss how SOX impacts accounting professionals.

3. Explain which 1 of the Titles VII-XI of SOX you feel are most important and why.

4. Describe the likely impact inside the company of moving toward SOX compliance. Please Add your references and the Deliverable length is 300 words.

Reference no: EM132015871

Questions Cloud

At what stock price at maturity will you break even : Use these options to create a bear spread. At what stock price at maturity will you break even? In other words, at what stock price, will you make $0 profit?
How revenue sources are planned and budgeted in nonprofits : Explain how revenue sources are planned and budgeted in nonprofits. What are at least 4 of the key revenue assumptions
Calculate the return for a resident of texas : Which MMMF offers you the highest yield if you are a resident of Texas, which has no state income tax?
What are some examples of the health care : What are some examples of the health care cost drivers in the U.S.? What can be done to reduce health care costs and health care spending?
Discuss the history and basic reasoning of sox legislation : Discuss the history and basic reasoning of SOX legislation. Explain which 1 of the Titles VII-XI of SOX you feel are most important and why
Health information systems in action : Population health management solutions are intended to complement, not replace, the traditional EHR; discuss the reasons for this.
What is the best estimate of total operating expenses : What is the best estimate of total operating expenses for 2012 using the high-low method based on total expected miles of 120,000
Proposing a approach to management about increasing : Example, the organization has a 0.90 compa ratio, meaning that on average employees earn 90% of the market rate.
Why was affirmative action created : Why was affirmative action created and put in place and to this day is it still needed as well as the Title VII of the Civil Rights Act?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd