Sarbanes-Oxley Act Relates to Internal Control” Accounting 1 November 2011 Writing Assignment-How The Sarbanes-Oxley Act Relates to Internal Control. In attempting to explain the Sarbanes-Oxley Act (SOX) and how it relates to the accounting concepts of control‚ some brief information is necessary to provide background on why it was enacted in 2002. Questions answered are why SOX was enacted‚ who passed this Act and why was it needed‚ what is internal control‚ how SOX Provisions and Requirements
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Explain why crime and deviance can be understood as normal. This essay will discuss whether it is possible to classify crime and deviance as normal in everyday social life by basing on theories of Emile Durkheim‚ Robert Merton and Marxist criminologists. However‚ to in order to do this‚ one should first comprehend the essence of both concepts. It is important to be aware that crime is only a form of deviance that is simply more defined and regulated. Deviance‚ in a sense‚ is essentially rule-breaking
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One Size Fits All… An Educational Approach One size fits all is a term that we have all heard in our society. This cliché has been applied to clothing‚ wrist watches‚ necklaces and bike helmets. This universal fit concept is‚ unfortunately‚ the thinking behind most public education today. As we know‚ one size fits all is anything but. Just as people are physically built differently‚ we all have diverse learning styles and capabilities. Public high schools in the United States are also built
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Chapter 2 Discussion Questions 2. People can be motivated to commit fraud because of financial pressures‚ vices‚ or because of work-related pressures. As well‚ perpetrators of fraud can be motivated by a perceived opportunity to commit fraud and the ability to rationalize that what they are doing is not wrong. Their motivations are usually combined into the fraud triangle of perceived pressure‚ perceived opportunity‚ and rationalization. 3. The fraud triangle includes three elements that almost
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How the Fraudsters Fool the Auditors History of financial statement frauds acquisition accounting related party transactions non existent bank accounts - relationship with auditors overstated bank balance off balance sheet accounting misleading disclosures Changes occurring from Sarbanes Oxley Higher standards for corporate governance and accountability Creating an independent regulatory framework for the accounting profession Enhancing the quality and transparency of financial reports Developing
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Why Is Good Writing Important? Overview In order to be successful in college and in the career world‚ good writing is a required and necessary skill. In fact‚ in the online environment‚ the only way to communicate with your instructors and classmates is through written communication. It is how people get to know you‚ it is how you are seen and judged‚ and it is what you are graded on. Your written work is a reflection of you. And because of that‚ it is of utmost importance that your work represents
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Why good people do bad things? “Doing bad is easy but doing well is not”. Yes‚ that saying is the most concrete explanation why good people do bad things. Good people do bad things with good intentions. We‚ humans‚ are all sinful by nature. No one of us can behave perfectly and sinless. But we have the capacity to avoid temptations and to distinguish what’s right from wrong. Good intentions cause most of the world’s great evils. There are many things that happened in the past that can construe
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Immigration is a way to move from one country to another country to live and to work. Nowadays‚ many people decide to immigrate to have a better life. Immigrants increase economic efficiency by reducing labor shortages in low- and high-skilled markets because their educational backgrounds fill holes in the native-born labor market.There are many causes of immigration‚ but we put the scope on two causes of immigration. There are the employment and the education. First‚ employment opportunities
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Elan Insurance Fraud The early warning signs of fraud are‚ usually‚ always ignored. There are warning signs for every type of fraud out there. To understand the warning signs of fraud‚ we must first know what fraud is. Fraud is the intent to trick someone or lie to someone in order to receive financial gain. This definition varies depending of the type of fraud used‚ but the person committing the fraud is always looking for financial gain. There are many types of fraud out there. You have
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Chapter 1 Discussion Questions 1. Fraud always involves deception‚ confidence‚ and trickery. The following is one of the most common definitions of fraud: “Fraud is a generic term‚ and embraces all the multifarious means which human ingenuity can devise‚ which are resorted to by one individual‚ to get an advantage over another by false representations. No definite and invariable rule can be laid down as a general proposition in defining fraud‚ as it includes surprise‚ trickery‚ cunning and unfair
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