The Sarbanes-Oxley Act of 2002 (Public Company Accounting Reform and Investor Protection Act‚ Pub.L. 107-204‚ July 30‚ 2002‚ 116 Stat. 745‚ July 30‚ 2002) was enacted by Congress in the wake of corporate and accounting scandals that led to bankruptcies‚ severe stock losses‚ and a loss of confidence in the Stock Market. The act imposes new responsibilities on corporate management and criminal sanctions on those managers who flout the law. It makes Securities fraud a serious federal crime and also
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1.How does the citizenship status of the criminal in the case impact the ability to adhere to procedural due process? Be sure to include whether the criminal has dual citizenship. How does this affect the ability to apprehend and charge the criminal? 2.Where did the criminal reside at the time that the crime was committed? Does this information interfere with the investigation and apprehension of the criminal? Explain. In the case of the hackers being indicted‚ three of the men were United States
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BACKGROUND Computer Associates (CA) is an independent software company. They provide network software‚ PC software‚ database and banking applications. Under a typical licensing arrangement‚ customers agree to pay a license fee to CA for the right to use software for a period of time. Under the old business model it was a period of three to ten years. Under the new model it is a time frame of one month to a maximum of three years. Under the old plan‚ licenses fees were reported as revenue once a
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Sarbanes-Oxley Act of 2002 established a new five-person board to oversee financial accounting in publicly traded corporations. The board is appointed by the Securities and Exchange Commission. Prior to the creation of this board the industry relied primarily on self-regulation through the American Institute of Certified Public Accountants. Do you think the establishment of the new oversight board was a good idea or should the profession have continued to be self-regulated? In 2002 there was a new act
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Apple Inc. 2010 Case Study Case Summary: Steve Jobs and Steve Wazniak started Apple over 30 years ago. Over that time span‚ Steve jobs was fired from Apple and rehired. It was essentially Jobs that save apple with superb vision and creative innovations. The first innovation was like a fashion statement. The iMac was an innovation that put 2 products into one. The desktop was built into the screen. Then‚ Jobs tackled the world of portable music by inventing the iPod. He shortly followed
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Computer Simulation: Gambling is known to be a vice of many men. An activity that requires one to bet their cold hard cash that they earned through their jobs and to bet it all on a luck and the slim chance that they would somehow beat the odds and receive what they had betted and much more. Gambling has been proven to stimulate the brains reward system that similar to how drugs and alcohol stimulate the brains reward system. But dabbling in such activities‚ such as gambling with cards and dice‚
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Apple Marketing Portfolio: Mac Computers Apple is a multibillion-dollar company that we thought would be very useful to analyze since they have had so much success with their products and marketing techniques‚ specifically the Mac computers. We saw the opportunity to learn a lot from their different marketing approaches and strategies with their computers against the competitors. Steven Jobs and Stephen Wosniak created Apple in 1976. The two young entrepreneurs probably would have never thought
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The reasons why I choose to have a macbook pro rose gold instead of a Pc. The differences between Apple and Windows Pc. Hardwares: Apple macbooks has a hardware that is highly regarded across the industry. Unlike a Pc‚ macbooks has a harder chance of getting a virus or/and a malware. Apple is hard to break in with a virus which makes hackers not want to try hacking because Apple has a high security which Pc doesn’t. You have a higher chance of getting a virus on a Pc. Software: With Pc’s‚ you
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Top of Form Bottom of Form One major issue related to holding computers hostage would be privacy. That someone can collect and the use or misuse an individual’s personal data‚ which is amassed and stored in a computer system‚ should be troubling to everyone. Consumers feel that they should not have to divulge their personal information unless absolutely necessary. When they do share their personal information they feel it should be treated with the utmost confidentially. This makes someone basically
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1- public accounting firm is a firm that registered by the public accounting oversight board so it provides accounting service to public company. Sarbanes-Oxley Act of 2002 contains provision preventing any company which is not registered with the board from‚ furnishing‚ participating in an audit of a public company or preparing. the different categories of public accounting firm are as follow : (Local Regional National Big 4 Alternative Practice Structures) Also there are different
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