SOX LEGISLATION

Given the seriousness of the well-known corporate financial scandals of the past, the CEO plans to hold a company-wide meeting with all employees. He waited until you came on board so you could share your thoughts with him about what to communicate to the workforce.

Discuss the history and basic reasoning of SOX legislation.
Discuss how SOX impacts accounting professionals.
Explain which 1 of the Titles VII-XI of SOX you feel are most important and why. (Use this Web site as a good reference.)
Describe the likely impact inside the company of moving toward SOX compliance.
Reference

Grill, B. (2013). The Sarbanes-Oxley Act: An introduction. Retrieved from the Gaebler.com Web site: http://www.gaebler.com/The-Sarbanes-Oxley-Act-An-Introduction.htm
 

In your own words, please post a response to the Discussion Board and comment on other postings. You will be graded on the quality of your postings.

The following grading criteria will apply to this assignment:

Grading Criteria

20%

Discuss the history and basic reasoning of SOX legislation.

20%

Discuss how SOX impacts accounting professionals.

20%

Explain which 1 of the Titles VII-XI of SOX you feel are most important and why.

20%

Describe the likely impact inside the company of moving toward SOX compliance.

20%

Post a response to the Discussion Board and comment on other postings.

For assistance with your assignment, please use your text, Web resources, and all course materials.

Unit Materials

Unit 5

Answer Detail

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