“no longer trade publically‚” (Nogler & Inwon‚ 2011‚ p. 67) in order to not have to comply fully with SOX. The article also address whether it is fair or just to make smaller companies follow the same exact rules and fines of such articles as Article 404 of the SOX Act. MANAGERIAL PERSPECTIVE Fraud is a real threat to the financial stability of a corporation and even the country. The legal issues presented in the article show how damaging fraud truly is. Of the over 1‚200 companies that filed
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Greek sculptures always focus on having an accurate representation of the human form. In their culture the adult male body was perfect‚ compared to the body of a child‚ or woman. You can almost be certain that the males in these Greek sculptures had an athletic physique. The physically fit appearance was so important to them that even young children were sculpted with protruding muscles. Another tell-tale characteristic of Greek styling is the positioning of the legs‚ positioning more weight on one
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annual basis. Section 302 also carries significant auditor implications. Specifically‚ external auditors must perform the following procedures quarterly to identify any material modifications in controls that may impact financial reporting 22. Section 404 requires management to make a statement identifying the control framework used to conduct its assessment of internal controls. Discuss the options in selecting a control framework. Regarding the control framework‚ the SEC has made specific reference
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sex differentiation. Functionalists maintain that sex differentiation has contributed to overall social stability‚ stating that in order to function most efficiently‚ a family needs adults who specialize in particular roles (Schaefer‚ 2008‚ p. 404). A division based on gender seems purely convenient‚ rather than necessary. Functionalists see potential social disorder or at least unknown social consequences‚ if all aspects of traditional sex differentiation are disturbed (Schaefer‚ 2008‚ p.
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2002. In this report I will detail some examples of changes that will need to be made before we can go public. Again‚ you may not like them‚ but we’ll have to bite the bullet on this‚ and get it done. What is required for Sarbanes-Oxley Section 404? On your LJB’s annual report you are required to report on internal controls over your financial reporting. Four major things must be included in this report: Statement of Responsibility by company Management (CEO and CFO) for establishing and maintain
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Assignment 1: Financial Project Math 104 Professor Christine Curley 11/19/2012 Keosha Zachary keoshazachary@rocketmail.com (404)-453-3637 Technology is pervading all levels of mathematics teaching and learning in our modern world‚ bringing ever more sharply into focus the change from traditional pencil and paper learning to a mixture of calculator
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Chapter 11: Establishing Strategic Pay Plans Multiple Choice 1. _____ refers to all forms of pay or rewards going to employees and arising from their employment. a. Reimbursement b. Employee compensation c. Salary d. Benefits e. Remuneration (b; easy; p. 390) 2. Direct financial payments include all of the following except _____. a. wages b. insurance c. salaries d. incentives e. commissions (b; easy; p. 390) 3. Which of the following is categorized as an indirect payment portion of employee
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Nintendo Q4. What conditions now serve as barriers to effective competitive response? 1. Technology development Traditionally‚ Sony‚ Nintendo and Microsoft will create a new battle every five or six years‚ so it means that to develop a new and good product takes time. For the cost aspect‚ as the consoles are expensive‚ the cost of the video games is increased as well. In order to fulfill the customers’ need‚ company has to make more attractive and complex games and this will cost a
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why the Sarbanes-Oxley Act of 2002 (SOX) came about as a result of large scandals such as Enron and Tyco. Many companies believed that the costs of these new regulations exceeded the benefits‚ which is found prevalent with the addition of section 404 which required an auditor’s opinion on annual financial reports. In particular‚ the article is focused on the increased fees that are paid to a public companies external auditor as listed in the companies Schedule 14A filings with the Securities and
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Until 409 BC‚ Plato was studying at his teacher Socrates; moreover Socrates had big influence at his views of life. Plato was loyal follower and disciple of his teacher‚ also he created all main ideas with Socratic’s help. From 409 BC to 404 BC‚ Plato was in military service. In 403 BC‚ he returned to Athens‚ and he was trying himself at political career. Unfortunately‚ in 399 BC his teacher and friend Socrates had died. It was as knife to Plato’s back. After this tragic event‚ Plato disappointed
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