Evaluate the difficulties companies are faced in implementing a control framework against fraud under Sarbanes-Oxley (SOX). In your evaluation, discuss how the external financial audit can assist in determining fraud.
-Analyze how the SOX framework can prevent business model fraud in financial accounting and managerial accounting. Contrast the differences in the framework for financial accounting and managerial accounting.
Effectiveness of the current IMA code of professional conduct in promoting ethical behavior and providing guidance for the dilemmas managerial accountants are confronted with today