Week 5: Sarbanes-Oxley Act (SOX) Summary ACC/291 10 June 2013 Judith Bines Introduction The Sarbanes-Oxley Act‚ also known as SOX‚ is a federal law that requires publicly traded companies to individually certify the accuracy of their financial information. The law was enacted as a reaction to corporate accounting scandals that
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HIGH SCHOOL PHYSICAL EDUCATION PE II golf The Game Golf is a game played outdoors preferably on a rolling tree lined terrain. A golf course may be either 9 or 18 holes in length with the usual distance measuring from 100 to 500 yards per hole. The golfer begins at the tee‚ driving the ball along the fairway (attempting to avoid hazards such as woods‚ water‚ rough ground‚ and sand traps)‚ to the green‚ where the ball is putted into the cup. The purpose is to see how few of strokes it takes
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Running head: Nonprofits and SOX Heather Tanenbaum Student ID: 3750548620 Accounting Capstone: Senior Seminar in Accounting ACC499 004016 Summer 2009 Nonprofits and the Sarbanes Oxley Act Submitted: Submitted to: Tee M. Thein Table of Contents Abstract Introduction SOX regulations for nonprofits Reasons for nonprofits to adopt SOX Conclusion Research file memorandum Communication memorandum References Abstract Introduction
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Impact of SOX on industry. Chang‚ H.‚ Choy‚ H.‚ & Wan‚ K. (2012). Effect of the Sarbanes-Oxley act on CEOs ’ stock ownership and pay-performance sensitivity. Review Of Quantitative Finance & Accounting‚ 38(2)‚ 177-207. doi:10.1007/s11156-011-0226-3 This article is based on authors research on the Effects of the SOX Act on CEO’s stock ownership and pay- performance sensitivity. The authors are trying to find out if the effects on the SOX Act on the stockownership and on CEO’s wealth. The authors summarize
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Pérez BOSTON RED SOX INTRODUCTION Boston Red Sox is a professional baseball team of United States Major League based in Boston‚ Massachusets. It belongs to the East American Division League. The New York Yankees are their traditional rivals. 1.- TEAM HISTORY The Boston Red Sox were created in 1893 as a minor league franchise in the city of Toledo‚ Ohio in the Western League. Then moved to Boston when that league became the American League in 1900. The name of Red Sox was chosen by owner
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việc quản trị và công khai các báo cáo tài chính của các công ty cổ phần. Đạo luật Sarbanes-Oxley (SOX) yêu cầu các công ty cổ phần phải chú ý xác đáng đến việc công khai thông tin tài chính‚ duy trì các quy trình quản lý trao đổi thông tin nội bộ‚ sao lưu và bảo vệ các dữ liệu này. Trong khi chưa được đề cập rõ ràng trong luật pháp thì bảo mật công nghệ thông tin là một yêu cầu quan trọng của SOX. SOX yêu cầu các công ty đánh giá bất kỳ rủi ro nào liên quan đến công nghệ thông tin hay quy trình nội
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TITLE II—AUDITOR INDEPENDENCE SEC. 201. SERVICES OUTSIDE THE SCOPE OF PRACTICE OF AUDITORS. (a) PROHIBITED ACTIVITIES.—Section 10A of the Securities Exchange Act of 1934 (15 U.S.C. 78j–1) is amended by adding at the end the following: ‘‘(g) PROHIBITED ACTIVITIES.—Except as provided in subsection (h)‚ it shall be unlawful for a registered public accounting firm (and any associated person of that firm‚ to the extent determined appropriate by the Commission) that performs for any issuer any
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form amendments to implement requirements of Section 404 of the Sarbanes-Oxley Act of 2002” (SEC‚ 2003). Section 404 is one of the hardest‚ most argued‚ and most expensive to actualize of all Sarbanes-Oxley Act (SOX) for compliance. There must be an Internal Control Report explaining what the managements job is‚ and a “satisfactory” internal control structure; there should also be a management description of the efficiency of the control structure (SOX‚ 2016).
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The Impact of the 1919 Black Sox Scandal The 1919 Black Sox Scandal is one of the most skeptical topics in Major League Baseball history. The 1919 World Series was battled out between the Chicago White-Sox and the Cincinnati Reds. In fact‚ this particular match-up was picked to be the most competitive world series yet‚ but it most certainly was not. After the Cincinnati Reds clinched the World Series title‚ the story behind the scenes began to unfold. This shocking and quite shameful story would
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Chicago White Sox were playing the Cincinnati Reds in the 1919 Major League Baseball World Series. While the Reds finished eight games above Chicago‚ the “Sox” were still heavy favorites because of their solid pitching rotation‚ gold-glove infield‚ and power hitting outfield led by Joe Jackson. Yet when pre-game betting odds quickly switched from Chicago to Cincinnati‚ many cynics‚ including future commissioner‚ Kenesaw Mountain Landis‚ immediately grew wary. When the Reds blew out the Sox ace Cicotte
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