Part 1:
The Sarbanes-Oxley Act of 2002 (SOX) contains provisions to regulate auditor independence. Which section of SOX contains activities prohibited by auditors? List 8 prohibited activities as defined in this section of SOX. Pick 3 of the prohibited activities and briefly discuss the importance and/or value of the 3 prohibited activities. Please limit your discussion to 2-4 substantive sentences for each of the 3 prohibited activities.
Part 2:
Operating in the Global business environment can be risky and challenging. Based on the assigned readings, briefly discuss three risks and/or challenges that businesses face in operating in the Global business environment. Your discussion must consist of 3-4 substantive sentences per each risk and/or challenge.