Whistleblowing and Sarbanes-Oxley Due Artize L. Johnson Professor: Steve Harris LEG 500 Law‚ Ethics‚ & Corporate Governance 26 April 2015 According to Halbert‚ Ingulli‚ & Frey (2015)‚ whistleblowers are people who decide to report unethical or illegal activities‚ usually activities under the control of their employers. They may be working for private companies‚ nonprofit organizations‚ or for the government. A whistleblower is an individual working in an organization who decides
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THE BENEFITS OF SARBANES-OXLEY AND CORPORATE GOVERNANCE MEASURED AGAINST THE COSTS Salim Motala A research project submitted to the Gordon Institute of Business Science‚ University of Pretoria‚ in partial fulfilment of the requirements for the degree of Master of Business Administration. 14 November 2007 ABSTRACT The Sarbanes-Oxley Act of 2002 (SOX) is the only legislated corporate governance structure‚ and is aimed at increasing investor confidence in public companies by forcing them
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Research Journal of Finance and Accounting ISSN 2222-1697 (Paper) ISSN 2222-2847 (Online) Vol.4‚ No.13‚ 2013 www.iiste.org Effectiveness of Internal Auditor in Controlling Fraud and Other Financial Irregularities in Private Universities in South-West‚ Nigeria. ADETOSO‚ Jonathan Adegoke1 OLADEJO‚ Kayode Samson2 AKESINRO‚ Abayomi Sunday3 Department of Accounting‚ Joseph Ayo Babalola University‚ P.M.B 5006 Ikeji-Arakeji‚ Osun State‚ Nigeria. Email of the corresponding Author: gokeadetoso@yahoo
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a) An omission is failing to act. There is no liability for a failure to act. For example‚ if a person is drowning‚ we are under no legal duty to help him‚ even if we are close enough to do so. However‚ there are exceptions to this. When a person is under a contract to act‚ his failure to do so can mean the defendant is criminally liable. This is shown in R v Pittwood (1902) where the gatekeeper of a train track forgot to close the gate. A car went over and the passengers died. The gatekeeper was
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Business ethics is an area of ethics that examines ethical rules and principles within a commercial perspective using cases such as: Accounting Irregularities at WorldCom and Arthur Andersen…No More: What Went Wrong? (Business Ethics 4th Ed: Cases 5 & 6 pg.101-109)‚ both clearly present various moral and ethical problems that arise that are real life business scenarios as well as question the impact of certain ‘special’ duties/obligations that apply to particular individuals and employees who choose
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520: BUSINESS REGULATIONS: SARBANES-OXLEY August 14‚ 2006 Need a Sarbanes Oxley Compliance Plan? The Sarbanes-Oxley Act of 2002‚ sponsored by US Senator Paul Sarbanes and US Representative Michael Oxley‚ represents the biggest change to federal securities laws in decades. Effective in 2006‚ all publicly-traded companies are required to submit an annual report of the effectiveness of their internal accounting controls to the SEC. It came as a result
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ACC 599 Week 3 Assignment 1 – Impact of the Sarbanes-Oxley Act (SOX) – Buy Here http://www.homeworkfiles.com/product/acc-599-week-3-assignment-1-impact-of-the-sarbanes-oxley-act-sox-strayer-new/ Visit www.homeworkfiles.com For More Help Product Description ACC 599 Week 3 Assignment 1 – Impact of the Sarbanes-Oxley Act (SOX) – Strayer New Assume that you are a CEO of a medium-sized company that needs a significant influx of cash for several expansion projects. As the CEO‚ you must determine whether
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Substantive Procedures for Asset Irregularities Student Name ACC 556 September 17‚ 2012 Instructor Name Introduction The following will outline the procedures and steps necessary to detect irregularities that can occur in the accounts receivable‚ inventory and fixed assets of Apollo Shoes. The flowcharts will show how the use of internal controls is integral to the overall success of the organization. In the accounts receivable‚ the sales and billing processes are an area that would require
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The Institute of Chartered Accountants in Australia Addressing Unit 3BACF Accounting & Finance The role and function of external auditors charteredaccountants.com.au The Institute of Chartered Accountants in Australia Government and the community The role and influence of governments and other bodies The role and function of external auditors Financial statements are used for a variety of purposes and decisions. For example‚ financial statements are used by owners to evaluate management’s
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Auditor Rotation | Raising Auditor ’s Independence | Proposed By: Varun Basantani | Auditor Rotation- Raising Auditor ’s Independence ------------------------------------------------- Abstract: The question for mandatory audit rotation has been a concern to academics‚ investors‚ practitioners and the public at large. This paper is designed to determine the relationship between mandatory audit rotations and audit Independence. The paper makes an earnest effort to evaluate the need
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