Create an argument supporting three items in the act

Assignment Help Accounting Basics
Reference no: EM13858786 , Length: word count:500

Question:

Revamping the Sarbanes-Oxley Act (SOX)" Please respond to the following:

We know that the Sarbanes-Oxley Act was created as the result of several high-profile fraud cases. Now that the act is over 10 years old, many think that it needs to be updated to reflect the changing times.

From the e-Activity, identify and discuss at least three changes that should be made to the act, indicating why these changes are necessary.

Create an argument supporting three items in the act that you would not change

Verified Expert

Reference no: EM13858786

The requirements to elect s corporation status

1)In 2014, Tony and Rhonda acquired land for $600,000, with Tony furnishing $200,000 and Rhonda $400,000 of the purchase price. Title to the property is listed as equal join

County highway improvement bonds

Hersh inherits $50,000 from his grandfather. He receives the money on January 1 and immediately invests $25,000 in General Motors bonds that pay 8% annual interest and $25,0

What is marys basis in the real property

Mary received a liquidating distribution from ABC Corporation as part of the complete liquidation of ABC Corporation. Mary's basis for her ABC Corporation stock was $10,000.

No gift tax was paid with respect to the transfer

Henry receives his 20% partnership interest as a gift from a friend. The friend's basis (without considering partnership liabilities) is $34,000. The FMV of the interest a

Payoff matrix and nash equilibrium for monsanto

Now assume that eh interaction is sequential where Holland Sweetener chooses to enter and if so they face the pricing problem in the second stage.  Should Holland Sweetener

What entryshould be made in 2011 to correctly record

What entry(ies) should be made in 2011 to correctly record transactions related to machinery, assuming the machinery has no salvage value? The books have not been closed for 2

Audit of the client and the amount of stock

John Brown is a PA, but not a partner, with three years of professional experience with lyle and lyle, public accountants, a one-office public accountanting firm. he owns 25

Handling of bargain acquisition

What are the arguments for and against the alternatives for the handling of bargain acquisition? Why are such acquisitions unlikely to occur with great frequency?

Reviews

Write a Review

 
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