What is the overall significance of the Sarbanes-Oxley Act of 2002 to financial reporting?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (10 reviews)
The purpose of an accounting information system is the production of reports for decision makers ...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Accounting Information Systems
ISBN: 978-1133935940
10th edition
Authors: Ulric J. Gelinas, Richard B. Dull
Question Posted:
Students also viewed these Accounting questions
-
What is the overall change in potential energy, in ft.lb and Btu, of an automobiles weighing 2500 lbf in a drive from San Diego, CA to Santa Fe, NM? Take g constant.
-
What is the overall trend in secondary storage devices?
-
What is the overall objective of an audit of an organizations financial statements, and how does an auditor achieve this objective?
-
Answer the following questions: 1. What values are inherent in the helping process? 2. Why does Egan refer to them as tools of the trade?
-
Geoffrey does not like to be low on gas, so he randomly stops to fill up his tank. He has a 14-gallon tank, and the current price of gas is $3.75 per gallon. Whenever he stops to buy gas, he always...
-
Comparative financial statements for Pen Corporation and its subsidiaries, Sir and Tip Corporations, for the year ended December 31, 2016, are as follows (in thousands): ADDITIONAL INFORMATION 1. Pen...
-
Assume the law of the excluded middle is not true, and use this to prove the equality 1 = 0.
-
Cascade Company has four employees. All are paid on a monthly basis. The fiscal year of the business is June 1 to May 31. The accounts kept by Cascade include the following: .:. The following...
-
(a) Use the conversion factor 10 psi = 0.06895 MPa to convert 4360 psi to MPa. (Note: You must show step by step calculations to get a full mark.) (b) Use the conversion factors 1ft = 1728 inand 1...
-
A study by researchers at the University of Maryland addressed the question of whether the mean body temperature of humans is 98.6F. The results of the study by P. Mackowiak et al. appeared in the...
-
Read Section 409 from the Sarbanes-Oxley Act of 2002. Do you agree that this supports real-time financial reporting? Research both sides of the issue, and provide a conclusion based on your findings.
-
Discuss why internal auditors may be more open to continuous assurance than external auditors.
-
Auto manufacturers are required to test their vehicles for a variety of pollutants in the exhaust. The amount of pollutant varies even among identical vehicles so that several vehicles must be...
-
A piece of wool is used to charge two plastic spheres of negligible radius. When the spheres are held \(20 \mathrm{~mm}\) apart, they repel each other with \(16 \mathrm{~N}\) of force. If the wool...
-
Waste gases at a flowrate of \(15 \mathrm{~kg} / \mathrm{min}\) leave a plant through a chimney stack \(120 \mathrm{~m}\) high. The outer diameter of the chimney is \(1.5 \mathrm{~m}\) and the walls...
-
Suppose a certain battery has an internal emf of \(15 \mathrm{~V}\) but the potential difference across its terminals is only \(80 \%\) of that value. If that battery is connected to a \(47 \mu...
-
Consider the dispersion model for the chemical reactor in the presence of a first-order chemical reaction, \(-r_{a}=k^{\prime \prime} c_{a}\). a. Write the steady-state model equation in...
-
A fluid flows along a flat, horizontal plate that is heated along its entire length. At a distance, \(x=10 \mathrm{~cm}\); from the leading edge of the plate the thermal boundary layer thickness,...
-
Consider the following possible returns both on the stock of Jelco, Inc., and on the market: Though the return on the market has only two possible outcomes (15% and 5%), the return on Jelco has four...
-
Frontland Advertising creates, plans, and handles advertising campaigns in a three-state area. Recently, Frontland had to replace an inexperienced office worker in charge of bookkeeping because of...
-
Compared to Cinnamons operating margin in 2017, if it is deemed to have control of Cambridge, its operating margin in 2018 will most likely be: A. lower. B. higher. C. the same.
-
Some restaurants use customer checks with pre-numbered sequence codes. Each food server uses these checks to write up customer orders. Food servers are told not to destroy any customer checks; if a...
-
Compare and contrast the following three frameworks: COBIT, COSO Integrated Control, and ERM.
-
Explain what an event is. Using the Internet as a resource, create a list of some of the many internal and external factors that COSO indicated could influence events and affect a companys ability to...
-
The following information relates to production activities of Mercer Manufacturing for the year. Actual direct materials used 16,800 pounds at $4.45 per pound Actual direct labor used 17,435 hours at...
-
The bond market is the largest global financial market. Corporations, municipalities, and governments need to raise funds constantly, and debt is one of the easiest and cheapest ways to do it. Equity...
-
Elbow Bend Hotel Rooms Information Total Rooms=100 Deluxe room=40 Executive rooms= 50 Suites= 10 Suites are 100% sold every month and the other two categories split the rest of the rooms sold...
Study smarter with the SolutionInn App