Requires of the chief executive officer

Assignment Help Accounting Basics

Reference no: EM13768561

Write 400-600 words that respond to the following questions.

Because this is your first week as vice president (VP) of finance at Apix, several members of the top management team have stopped by your office. Timothy Russell, chair of the audit committee, comes in first to talk with you about the Sarbanes-Oxley Act of 2002 (SOX).

"Welcome to Apix," he says. I hope you're getting comfortable with us here. We have a lot on our plate, and we need your assistance with some important compliance issues."

"Thanks, Tim," you say. "Mary Francis mentioned Sarbanes-Oxley when I talked with her last week. Maybe we can start with that."

"Right. As you know, our company is private and will eventually need to seek external funding. In fact, we have some potential investors that are interested. However, they want to know more information, especially about the compliance.

"I would like for you to provide us with a write up that we could share with the investors. Specifically, outline what the Sarbanes-Oxley Act is and what impact it has on financial reporting. As well, discuss what Section 302 requires of the chief executive officer (CEO) and chief financial officer (CFO)."

"Ok, I'm on it!"

Complete the follow

Outline what the Sarbanes-Oxley Act is and what impact it has on financial reporting.
Discuss what Section 302 requires of the chief executive officer (CEO) and chief financial officer (CFO).

Reference no: EM13768561

Questions Cloud

Management of current assets and current liabilities : The management of current assets and current liabilities in the short run can lead to several challenges for the financial manager. What are some of the more common challenges or problems encountered by the firm in this regard, and what are the p..

Compare and contrast the investigation of both crime scenes : In a 2- 3 page paper, using APA formatting, summarize both cases and then compare and contrast the investigation of both crime scenes and the tools used. Consider how the influence of fictional crime shows impacts the investigations of real crime ..

Constructing a new manufacturing facility in brazil : For the expansion, GBATT is exploring which of two possible approaches to take for constructing a new manufacturing facility in Brazil. In addition to analyzing the risks associated with the expansion, you have been asked to provide analysis for s..

The principle of justice no plagarism : Justice is one of the five core ethical principles in healthcare. Using the South University Online Library, find a current article (no more than two years old) on social justice issues in healthcare. The article should also be peer-reviewed.

Requires of the chief executive officer : Outline what the Sarbanes-Oxley Act is and what impact it has on financial reporting. Discuss what Section 302 requires of the chief executive officer (CEO) and chief financial officer (CFO).

Write a paper on a nation at war : The Conceptual artist Duchamp said "Titles in general interest me a lot." why you find title 'A nation At war' interesting and explain why.

The promises and perils of nuclear power : Explain the advantages and disadvantages of nuclear energy, detailing issues related to production, delivery, cost, radiation, air quality, and waste.

Web browser can be configured to protect against threat : Give some examples of how a web browser can be configured to protect against some of the threats listed in this weeks chapters. Make sure your examples are clear and what can be changed in the browser.

Ethics in healthcare-theories and principles : Analyze the statements given below based on the topics covered in this week. Using the South University Online Library or the Internet, justify your answers with appropriate research and reasoning on the concepts covered in these questions.

User Account

All Pages