Given the seriousness of the well-known corporate financial scandals of the past, the CEO plans to hold a company-wide meeting with all employees. He waited until you came on board so you could share...

1 answer below »
Given the seriousness of the well-known corporate financial scandals of the past, the CEO plans to hold a company-wide meeting with all employees. He waited until you came on board so you could share your thoughts with him about what to communicate to the workforce. Discuss the history and basic reasoning of SOX legislation. Discuss how SOX impacts accounting professionals. Explain which 1 of the Titles VII–XI of SOX you feel are most important and why. (Use http://www.gaebler.com/The-Sarbanes-Oxley-Act-An-Introduction.


Document Preview:

Accounting Capstone Delivery length 300 words Given the seriousness of the well-known corporate financial scandals of the past, the CEO plans to hold a company-wide meeting with all employees. He waited until you came on board so you could share your thoughts with him about what to communicate to the workforce. Discuss the history and basic reasoning of SOX legislation. Discuss how SOX impacts accounting professionals. Explain which 1 of the Titles VII–XI of SOX you feel are most important and why. (Use http://www.gaebler.com/The-Sarbanes-Oxley-Act-An-Introduction.htm as a good reference.) Describe the likely impact inside the company of moving toward SOX compliance   The following grading criteria will apply to this assignment: Grading Criteria20%Discuss the history and basic reasoning of SOX legislation.20%Discuss how SOX impacts accounting professionals.20%Explain which 1 of the Titles VII–XI of SOX you feel are most important and why.20%Describe the likely impact inside the company of moving toward SOX compliance.Please all references should be in APA format



Answered Same DayDec 24, 2021

Answer To: Given the seriousness of the well-known corporate financial scandals of the past, the CEO plans to...

Robert answered on Dec 24 2021
120 Votes
In the efforts Towards restoring the investor confidence as well as for proving the
independence a
s well as quality of audits, the Congress had enacted the Sarbanes-Oxley Act of
2002 (SOX). As all the public companies have been complying with the SOX regulations, as
well as establishing strategy systems along with methods that had contributed towards increasing
operating efficiencies, the confidence among the investors has thereby increased in the past 10
years after the SOX act (Aubin, 2012).
The section 101 of the SOX’s Title 1 establishes the Public Company Accounting
Oversight Board as one of the independent as well as nonprofit bodes for overseeing...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here