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Organizations that emphasize social responsibility and adhere to a set or corporate ethics will likely gain competitive advantages in the market place and avoid costly litigation and loss of reputation. Due to high levels of corporate fraud in the 1990s with companies such as Enron and Global Crossing, Congress passed the Sarbanes Oxley Act of 2002 that set new increased standards for the boards of public U.S. companies and accounting firms.
Read the different sections and provisions of the Sarbanes Oxley Act at the following link. https://www.soxlaw.com/
Discuss your overall thoughts on the Sarbanes Oxley Act and the provision that you feel is the most effective and why.
Additionally do you believe that executives will become more ethical based on the legislation? Why or why not?
250 words with references
Explain the auditing and other assurance services your firm offers and the benefit each has for the client. Explain your role in providing the available assurance service to clients.
The cost of the merchandise sold is $152,700. Showcase Co. issues a credit memo on March 5 for $30,000 for merchandise returned prior to Balboa Co. paying the original invoice on March 29.
a your company is constructing a factory building for its own use and takes out a 2 million loan 10 interest rate from
Why is it critical that source documents be easy to use and complete?
A company changes from straight-line to an accelerated method of calculating depreciation, which will be similar to the method used for tax purposes. The entry to record this change should include a
a corporation purchased for cash 5000 shares of its own 10 par common stock at 34.00 a share. in the following year it
any kind of assistance will be greatly appreciated looking for outline or a template or example of one previously done
frantic fast foods had earnings after taxes of 1200000 in the year 2009 with 322000 shares outstanding. on january 1
Should today programming students focus on developing expertise in COBOL rather than trendier languages such as Java or Ruby? What are the pros and cons of learning COBOL versus learning newer languages?
A. What will be the size of each annual year-end payment?
Diagram of the relationship between total revenues and total costs; illustrates how an organization's profits are expected to change under different volumes of activity.
Provide the fund level entries in general journal form required to conform to generally accepted accounting principles. If no entry is needed, so indicate.
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