CHECK THESE SAMPLES OF Internal Control Material Weakness and CFO Compensation
According to Section 404(a) of this Act, the management ought to not only assess but also report on the effectiveness of the business internal controls over financial reporting (Roberts, & Mahoney, 2004).... This section also demands that independent auditors confirm the management assessment of the effectiveness of these internal controls....
12 Pages
(3000 words)
Research Paper
Some would argue that the main cause of these corporate crises is the weakness of corporate governance regulations in the world, as well as a need to have good corporate governance codes in order to prevent further scandals and collapses.... The Report stated several recommendations that focused on corporate governance issues, in particular, the operation of the main board, the role of non-executive directors and the reporting and control mechanism of firm....
19 Pages
(4750 words)
Essay
This study entails a detailed analysis of the internal and external environmental factors associated with Capstone Turbine Corporation.... It is a US-based multinational organization operating its business in the industrial electrical equipment industrial sector of the economy.... ...
8 Pages
(2000 words)
Case Study
Additionally, it is not just the CEO and cfo who are being asked to certify financial records and take on additional risks and responsibilities.... T One reason for its significance is its scope along with the material shift it signifies in the balance of federal and state regulation of corporations.... A paper "Sarbanes Oxley and its Influence on the Finance and Information Technology " claims that the Act recognizes that companies need strong internal financial controls and knowledgeable and independent directors and audit committees to oversee their management and auditors....
22 Pages
(5500 words)
Coursework
In the paper 'Impacts of Sarbanes-Oxley Act on UK Companies' the author examines the Sarbanes-Oxley Act of 2002, which is the most important piece of legislation.... Each title has tremendous effect on the business and legal environment.... .... ... ... The Sarbanes-Oxley seeks to bring back the confidence in all publicly held corporations to the shareholders, while placing more responsibility on CEOs and CFOs for the actions of the corporation....
27 Pages
(6750 words)
Essay
The object of this research paper is to come to understand how Worldcom Bankruptcy business and accounting fraud took place and how the government and other concerned parties missed on this for so long.... The number of total assets that were nearly $107 Billion in Assets.... .... ... ... WorldCom bankruptcy caused financial sound waves across Wall Street....
40 Pages
(10000 words)
Dissertation
The author of the paper "Ethics and Law in Business and Society" will begin with the statement that the Sarbanes-Oxley Act of 2002 refers to the US federal law that aims at enhancing performance and standards for all United States public companies boards, accounting firms, and management.... ... ...
14 Pages
(3500 words)
Research Paper
This project is an analysis of the changes that have occurred in the external auditing with respect to changes in corporate governance practices in U.... .... The external auditing provides the verification and assurance regarding the financial disclosures in the form of opinions.... The.... ... ...
14 Pages
(3500 words)