Accounting Information Systems Project Mgmt 360 1 Dealing With
Accounting Information Systems Project
Mgmt 360 project 1 dealing with financial fraud
Notwithstanding the legislation to prevent financial fraud even considering the Sarbanes Oxley section 404, the US and West suffered from credit crisis that was noticed in December 2007 when the U.S. National Bureau of Economic Research declared the recession which lasted until the summer of 2009 and in the minds of some has not produced wage growth but statistics on employment have move up from a high of almost 11% to around 6% and even below.
Section 404 of the Sarbanes Oxley was meant to place harsh penalties on issuers (CEOs and CFOs) who did not correctly attest to the veracity of the annual financial reports. Here is a summary of 404:
Summary of Section 404
Issuers are required to publish information in their annual reports concerning the scope and adequacy of the internal control structure and procedures for financial reporting. This statement shall also assess the effectiveness of such internal controls and procedures.
The registered accounting firm shall, in the same report, attest to and report on the assessment on the effectiveness of the internal control structure and procedures for financial reporting.
Start with a theme sentence on what may have led to the Great Recession in spite of the 2002 Sarbanes Oxley act, conceding that SOX may have reduced the impact of the Great Recession. Send me a one paragraph first by next Tuesday (11/11) via Westwood email. Do it prior to class so we can exchange work.
Then, one page, single spaced. After the theme sentence, back up that statement and of course you can end with caveat or thoughts on why your theme may be incorrect. The one pager is due 11/18
Study Acers provides students with tutoring and help them save time, and excel in their courses. Students LOVE us!No matter what kind of essay paper you need, it is simple and secure to hire an essay writer for a price you can afford at StudyAcers. Save more time for yourself. Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more