Issue on accountants and auditors

Assignment Help Accounting Basics
Reference no: EM13130314

The Sarbanes-Oxley Act had a huge impact on the accounting and auditing profession. Select a specific auditing issue and determine how the Act impacted that issue.

You are to write a three to four (3-4) page report that answers the following:

1. Examine an auditing issue that is impacted by Sarbanes-Oxley.

2. Compare and contrast that issue before and after the Sarbanes-Oxley Act was implemented.

3. Determine the impact that the Act had on that particular issue, on accountants and auditors, and on stakeholders.

4. Analyze the general impact Sarbanes-Oxley had on the auditing process as a whole.

The format of the report is to be as follows:

o Typed, double spaced, Times New Roman font (size 12), one inch margins on all sides, APA format.

o Use headers for each of the subjects being covered, followed by your response.

o In addition to the three to four (3-4) pages required, a title page is to be included.

Reference no: EM13130314

Questions Cloud

Reconcile the amount of net income to the amount of cash : Zephre Company reported net income for the year of $56,000. Depreciation expense for the year was $12,000. During the year, accounts receivable increased by $4,000, inventory decreased by $6,000, accounts payable increased by $3,000, and accrued e..
Description of least common denominator : Adding 4 fractions. The denominators are: 3a, 24b, 7a, and 25b. What is the LCD?
What is the ph of a solution that contains benzoic acid : The Common Ion Effect. What is the pH of a solution that contains 0.250-M benzoic acid and 0.600-M sodium benzoate?
Calculate the fraction of atoms in a sample : Calculate the fraction of atoms in a sample of argon gas at 391 K that have an energy of 12.7 kJ
Issue on accountants and auditors : Determine the impact that the Act had on that particular issue, on accountants and auditors, and on stakeholders.
To penhurst : In "To Penhurst," Jonson represents what appears to be an ideal community. What is included in it that is ideal, and what has Jonson omitted in order to create it?
How long would it take for water to convert in steam : How long would it take for 1.50 mol of water at 100.0 0C to be converted completely into steam if heat were added at a constant rate of 15.0 J/s?
Percentage increase of price : The price of a notebook was$3.10 yesterday. Today, the price rose to $3.60 . Find the percentage increase. Round your answer to the nearest tenth of a percent.
Eliminate the consolidation process : Ontario still had $60,000 of the goods in its inventory at the end of the year. The amount of unrealized intercompany profit that should be eliminated in the consolidation process at the end of 2011 is

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