Question: Why would a company that is not required to file
Why would a company that is not required to file with the SEC want to comply with the provisions of Sarbanes-Oxley? Why would the company not want to comply with SOX? Specifically address the type of company that is required to comply with the act. Discuss the various costs involved in SOX compliance. Does public perception play a role in your answer? What would happen if a company that is not required to comply is taken over by a company that is required to comply? How would this affect your answer?
Answer to relevant QuestionsIs Sarbanes-Oxley proactive or a reactive? In discussing your answer, review the facts of the Enron or WorldCom case. Is there anything specific in these cases that can be directly tied to a provision of the Sarbanes-Oxley ...Consider the following facts:a. XYZ is a publicly traded company that has been cited three times in the past five years for ethics violations. Its board of directors vetoed an ethics code.b. The auditors of XYZ are Big 4 ...Multiple Choice Questions1. Which of the following applies to a taxpayer who, in an act of charity to the federal government, does not take material deductions that she is entitled to take on her federal income tax? a. Is ...What determines whether an individual has a legal duty to file a tax return?What is the merit of the argument that tax laws apply only to “taxpayers” and anyone who is not a “taxpayer” is not required to file returns or pay taxes?
Post your question