Assignment Instructions Write a XXXXXXXXXXword paper on the following topic: Compare and contrast the views of management and accountants regarding the changes required by the Sarbanes-Oxley Act on...

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Assignment Instructions



Write a
500 - 750 word paper
on the following topic:



Compare and contrast the views of management and accountants regarding the changes required by the Sarbanes-Oxley Act on internal controls and how these changes have affected corporations, accounting firms, and investors.





Your paper must be formatted according to APA 6th edition guidelines, and you need to use at least
one external reference.



Submit
your work by
midnight ET
on
Day 7 (Sunday).



Note that your attached paper will automatically be submitted to Turnitin, and an Originality Report should be sent back to the classroom within around 15 minutes. The Originality report does not actually recommend changes. It does point out where you may need to add a citation or quotation marks (if not already cited). Once you use it a few times, you will appreciate this tool, as it will assist you in improving quality and content, as well as avoid plagiarism. Your goal is to keep direct quotations to a minimum and to make sure that you do not just cut and paste material. Ensure that all your references are cited.
A report with a similarity index less than 25% is acceptable for undergraduate level work.





Yourpaper will be evaluated according to theWriting AssignmentGrading Rubric
shown below. To maximize your grade, be sure to use the proper organization (intro, body, conclusion) and follow APA style. Your paper should have a title page and reference page, but you do not need an abstract for this assignment. See the PowerPoint presentation attached for APA assistance.

Answered Same DayJan 02, 2021

Answer To: Assignment Instructions Write a XXXXXXXXXXword paper on the following topic: Compare and contrast...

Khushboo answered on Jan 15 2021
154 Votes
SARBANES-OXLEY ACT
SARBANES-OXLEY ACT        4
FROM:
DATE:
SUBJECT: SARBANES-OXLEY ACT
Introduction:
The Sarbanes-Oxley Act (SOX
) came into existence in the year 2002 and it mainly focuses on restoring the confidence of the public in the financial statement of any corporate through the financial legislation and regulation of the security markets. Before the enactment of this Act, investors experienced huge amount of losses from the corporate failures in the process of carrying their business and other operations (Greene, E. F. 2004). Thus this Act was established to address the accounting fraud issues of the entity which will gradually ensure that the improvement should be made in the reliability and accuracy of the disclosures of the entity.
Comparison of the views of the management for the changes required by the Act:
Auditors are responsible for analyzing the financial statement of the entity and this Act has resulted in increase in the accountability of the auditor in any entity’s management which ensures professionalism in their service. Further in the past the management and auditor were involved in the fraudulent cases that were significant in the entity and the main objective of the act was to curb the cases of severe financial scandals which affect the opinion of...
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