Homework: SOX Regulations
Overview
Review the reading materials for the Sarbanes-Oxley Act from Week 1 and other current activity or trends related to SOX compliance and implementation for publicly traded companies.
Task
Write 3 to 5pages paper in which you:
a. Assess three sections of SOX, indicating the sections believed to have the most impact on companies. Provide support for the rationale.
b. Assess three sections of SOX, indicating those sections that have the greatest impact on the external auditor. Provide support for the rationale.
c. Evaluate three cost/benefit ratios for most companies that are required to comply with SOX. Indicate whether the benefits are equivalent to the cost for minimizing the risk of accounting fraud. Provide support for the analysis.
Format your homework according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.
The specific course learning outcome associated with this homework is:
a. Assess the internal and external impact of the Sarbanes-Oxley Act (SOX) on companies and auditors, including ethical and financial considerations.