How does the Sarbanes-Oxley Act relate to internal controls?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 90% (11 reviews)
The SarbanesOxley Act requires public companies to issue an internal c...View the full answer
Answered By
Rachid fouadi
Hi,
I hold a master degree in Finance and I am a professional accountant with CPA title.
Area of expertise:
- cost accounting;
- CFA level prep;
- CPA exams prep;
- Finance including theory and corporate finance.
0.00
0 Reviews
10+ Question Solved
Related Book For
Horngrens Accounting
ISBN: 978-0133117417
10th edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
Question Posted:
Students also viewed these Accounting questions
-
The Sarbanes Oxley Act of 2002 (SOX) has important implications for the financial community. Explain two implications of SOX.
-
The Sarbanes Oxley Act was issued in 2002 in response to the many corporate scandals to help reduce fraud, improve the reliability of financial reporting and restore public confidence in the...
-
How does the Sarbanes-Oxley Act relate to internal controls?
-
In Exercises find the given higher-order derivative. 2 "(x) = 2 / f(x) X
-
The L.A. dress shop produces custom designed dresses for retail sales on the premises. The shop sold 50 dresses last month. Costs incurred during the last month include e the following Cost of...
-
In a study of the YSORT gender selection method developed by the Genetics & IVF Institute, 152 couples using the method had 127 baby boys and 25 baby girls. State the type of the study. Be as...
-
What are the factors that shape software modeling?
-
The management of Kauer Company has engaged you to assist in the preparation of year-end (December 31) financial statements. You are told that on November 30, the correct inventory level was 150,000...
-
Selected transactions for Carla Vista Corporation during its first month in business are presented below. Sept. 1 Issued common stock in exchange for $ 2 1 , 8 0 0 cash received from investors. 5...
-
The following accounts are taken from the records of Jasper Inc. at January 31, 2015, its first month of operations. Required: 1. Calculate the amount of total assets. 2. Calculate the amount of...
-
What is a voucher, and how are vouchers used for internal control over cash payments?
-
McKenna Company has a three-month, $10,000, 8% note receivable from L. Chambers that was signed on June 1, 2015. Chambers defaults on the loan on September 1. Journalize the entry for McKenna to...
-
Refer to the Chilton Company information in Exercise 13-42. Required: What was the cost of goods sold for March?
-
How does labor laws work with player discipline and collective bargaining from thsi prompt? Player discipline and collective bargaining are subjects that can provide you with research material from...
-
Philosophically speaking, the rights of future generations are the rights of humanity to continue its existence . The need to extend the human genetic 'message' into the future is deeply embedded in...
-
Cora Lynne, a resident of South Carolina, wishes to bring an invasion of privacy lawsuit against the Palm Meadow Company because the Palm Meadow Company used a photograph of her, without her consent,...
-
The recent media-worthy case involving a defendant who raised a mental defense to a criminal charge. what are the facts of the case and any diagnosis or other aspects of the mental defense raised?...
-
Why is an automatic door accessible to people with disabilities?
-
For the following exercises, write a recursive formula for each arithmetic sequence. a = {15, 7, 1, ... }
-
How will relating product contribution margin s to the amount of the constrained resource they consume help a company maximize its profits?
-
What is a classified balance sheet?
-
What is a variance?
-
What is internal control?
-
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $45,300. The machine's useful life is estimated at 10 years, or 403,000 units of...
-
14. (3 points) Write a program that ask the user for 1. their first name and 2. their last name, Enter first name: Matt Enter last name: Priem Hello Matt Priem! and then outputs a greeting similar to...
-
Given a sorted array 2, 5, 8, 12, 16, 18, 22, 25, 29, 32 and the following interpolation search algorithm. Show the steps of the algorithm when 25 is searched. Also, when 26 is searched. array a,...
Study smarter with the SolutionInn App