CHECK THESE SAMPLES OF Assignment: Sarbanes-Oxley Act
nbsp;The assignment also investigates if there has been a decline in aggressive accounting due to this conservatism post the act.... hellip; The research paper by Gerald J Lobo and Jian Zhou closely studies the enhanced conservatism in financial reporting, post the Sarbanes-Oxley act.... Through various surveys and reports, it has been found that the 2002 act and the resultant SEC certification requirements have essentially affected management's discretionary reporting of financial reports....
4 Pages
(1000 words)
Assignment
The paper "The Sarbanes-Oxley act of 2002" describes that whistleblowers lose legitimacy in the eyes of their viewers in a few ways.... The act adds responsibility for the chief executives it benefit's the public shareholders and protects them from unethical business transactions....
6 Pages
(1500 words)
Assignment
The Securities and Exchange Commission (SEC) in alliance with the United States Congress in 2002 created the Sarbanes Oxley act (SOX).... The Sarbanes Oxley act mandates that all public firms hire an accounting firm to audit its annual financial statements.... There are many bylaws of the Sarbanes-Oxley act that ensure auditor independence is followed.... Section 201 of the act prohibits auditors to perform other non-audit services on clients the company audited (Findlaw)....
2 Pages
(500 words)
Assignment
There is also agreement that the sabarnes-oxly act (2002) does not fully cover the public from corporate fraud.... The act is therefore more concerned with accurate financial reporting of corporations to the Securities and Exchange Commission.... A spot check on the act shows that it only affects external auditors, boards of directors, corporate roles, and the PCAOB in a move to heighten investor confidence in the organizations (Halbert, 2010)....
1 Pages
(250 words)
Assignment
The creation of the Sarbanes-Oxley act stabilize… e marketplace because it brought accountability, integrity, and the imposition of severe penalties for executives that are corrupt and violate the terms of the SOX and other SEC regulations.... “The goals of the Sarbanes-Oxley act are far-reaching, and aim to restore investor DQ I agree with you that most corporate executives are honest people.... The creation of the Sarbanes-Oxley act stabilize the marketplace because it brought accountability, integrity, and the imposition of severe penalties for executives that are corrupt and violate the terms of the SOX and other SEC regulations....
1 Pages
(250 words)
Assignment
arbanes Oxley actThe Sarbanes Oxley act was passed by congress in the year 2002.... The act was passed to protect investors from unethical accounting practices that most companies used in order to lure investors.... Before the Sarbanes Oxley act was enacted business manipulated their accounting information at will.... It took the intervention of this act to protect investors who were being misguided and not the intervention of the market place....
2 Pages
(500 words)
Assignment
This essay analyzes the Sarbanes-Oxley act (SOX) of 2002, that requires Senior Financial Officers of organizations to follow the rules of the company's code of ethics.... hellip; This essay discusses that Sarbanes-Oxley act has lead companies towards implementing changes that positively influence corporate ethics and culture.... Business Credit reports that, according to the research conducted by Deloitte & Touche LLP, two-thirds of surveyed companies have introduced ongoing pieces of training for supporting the ethics and compliance programs prescribed by the Sarbanes-Oxley act....
6 Pages
(1500 words)
Assignment
One of the major steps to monitor all the companies inclusive of the fortune 500 was the sighing into law the Sarbanes-Oxley act in July 2002.... This act is sometimes simply known as Sarbox or SOX.... The reason for the Sarbox act was to enhance legislative changes to the financial practices and also the corporate governance streamlining.... The act introduced new rules with a major objective of the investor's protection.... (Sarbanes-Oxley act Forum, 2008)....
1 Pages
(250 words)
Assignment