What aspect(s) of the Sarbanes-Oxley Act might counteract the incentive to commit fraud?
Question:
What aspect(s) of the Sarbanes-Oxley Act might counteract the incentive to commit fraud?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
The SarbanesOxley Act counteracts ...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Fundamentals of Financial Accounting
ISBN: 978-1259864230
6th edition
Authors: Fred Phillips, Robert Libby, Patricia Libby
Question Posted:
Students also viewed these Business questions
-
What aspect(s) of the Sarbanes- Oxley Act might reduce opportunities for fraud?
-
The Sarbanes- Oxley Act was passed by the U. S. Congress in 2002, following financial reporting disasters of Enron Corp. and WorldCom Inc. (Section 1.2). Section 404 of the Act required that senior...
-
The issue of whether the performance of nonattest (consulting) services for audit clients impairs independence of the auditors has been widely debated within the public accounting profession....
-
Solve the given equation over the real numbers by completing the square. If there are more than one solution, separate them by a comma. If there is no real solution, enter DNE (short for does not...
-
Can a gay person wear a button saying "Support Gay Rights" at the workplace?
-
In Exercises 9497, use a graphing utility with a viewing rectangle large enough to show end behavior to graph each polynomial function. f(x) = -2x 3 + 6x 2 + 3x - 1
-
It looks to me that you have devoted everything to this company and they have treated you badly. Is that right?
-
Assume that you have an after-tax cost of capital of 10 percent. Compute the net present value of each of the five projects listed in the following table. Rank the above projects from 1 (best for...
-
Megan and Nancy each want save $250 000 for their retirement 40 years. a) Nancy begins her regular deposits immediately. How much must she deposit end 12% per year compounded annually achieve her...
-
The TimpRiders LP has operated a motorcycle dealership for a number of years. Lance is the limited partner, Francesca is the general partner, and they share capital and profits equally. Francesca...
-
What are three categories of employee fraud? Which is most common? Which is associated with the largest losses?
-
What aspect(s) of the Sarbanes-Oxley Act might allow honest employees to prevail?
-
Selected transactions completed by Big Water Boating Corporation during the current fiscal year are as follows: Jan. 3. Split the common stock 3 for 1 and reduced the par from $90 to $30 per share....
-
*Be as detailed as possible *Relate this to Spain only Company: ROVER ALCISA 1. Analyse their situation in Spain. Cover the following: -Sector: -Industry: -Company situation, etc: -Competitors:...
-
Hildebrand Farms has net sales of $48,920, depreciation of $711, cost of goods sold of $31,890, administrative costs of $11,210, interest expense of $680, dividends paid of $450, and taxes of $974....
-
What is a bureaucracy? Identify and explain the 5 functions of the bureaucracy.
-
Drew transfers all the property used in his sole Proprietorship (FMV $500,000; AB $200,000) to a new corporation for all the corporations stock. The stock is worth $500,000. How much gain ornloss...
-
what mechanisms for reporting are commonly used or that you would recommend?
-
Why is inherent risk for the existence assertion for accounts receivable often set higher than inherent risk for the completeness assertion?
-
Anna, a high school counselor, devised a program that integrates classroom learning with vocational training to help adolescents at risk for school dropouts stay in school and transition to work...
-
Tootsie Roll Industries manufactures and sells more than 64 million Tootsie Rolls and 20 mil-lion Tootsie Roll Pops each day. The following items were listed on Tootsie Rolls recent income statement...
-
General Mills is a manufacturer of food products, such as Lucky Charms cereal, Pillsbury crescent rolls, and Green Giant vegetables. The following items were presented in the companys financial...
-
Oakley, Inc., reported the following items in its financial statements. For each item, indicate (1) the type of account (A = asset, L = liability, SE = stockholders equity, R = revenue, E = expense,...
-
You are driving at 20.0 m/s (44.7 mph) when a traffic light 50.0 m ahead of you turns yellow. If you step on the gas pedal, you can accelerate at 2.3 m/s; if you step on the brake, you can decelerate...
-
Herzog Memorial case 1)Create a Pareto diagram of negative comments for all 10 categories 2)Create a Pareto diagram of positive comments for all 10 categories 3)The one outlier was "The area around...
-
A high-speed flywheel in a motor is spinning at 50 rads/sec when the power suddenly fails. The power is off for 40 seconds and the flywheel slows due to the friction in the axle. While the power is...
Study smarter with the SolutionInn App