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Assess the Effectiveness of Sox Legislation (Example)

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Effectiveness of SOX Legislation Name Institution Affiliation Date Effectiveness of SOX Legislation The Key Ethical Components of SOX Honest and Ethical Conduct At every organizational level there must appear possible conflicts of interest. According to Heminway (2008) SOX has purpose of barring corporate from unethical behaviors. It is therefore fundamental to put an emphasis in a code the standards stating the prevention of interests that are conflicted counting to being loyal fair and integral. In an argument of loyalty for instance an ethical code might need to make a distinction and separation of personal interests from organizational interests. Most of the time conflict of interest is remedied by avoiding the conflict. There might however be required for recusal and disclosure when the conflicts are present and unavoidable. Executives and members of the board are required to make known any associations that could bring about the suspicion of interests that in the corporation? Journal of Business & Technology Law  3(2) 221-256. Retrieved from digitalcommons.law.umaryland.edu  Y. & Dowling  W. A. (2011). The impact of Sarbanes-Oxley act. Journal of Business & Economics Research (JBER)  6(10) 57-65. doi:10.19030/jber.v6i10.2479 Kaplan  J. A. (2010). Why corporate fraud is on the rise. Forbes. Lemus  E. (2014). The financial collapse of the Enron corporation and its impact in the united states capital market. Global Journal of Management and Business Research: D Accounting and Auditing  14(4) 41-50. Retrieved from file:///C:/Users/user/Downloads/1539-1-1518-1-10-20150216.pdfMohamed  N. & Handley-Schachelor  M. (2014). Financial statement fraud risk mechanisms and strategies: The case studies of malaysian commercial companies. Procedia - Social and Behavioral Sciences  145 321-329. doi:10.1016/j.sbspro.2014.06.041 Nicholson  L. H. (2008). Culture is the key to employee adherence to corporate codes of ethics. Journal of Business & Technology Law  3(2) 449-454. Retrieved from digitalcommons.law.umaryland.edu  C. L. (2008). Sarbanes-Oxley Five Years Later: Will riticism of SOX undermine its benefits? Loyola University Chicago Law Journal  39 595-611. Retrieved from https://www.luc.edu/media/lucedu/law/students/publications/llj/pdfs/wade.pdf [...]

Order Description:

Assignment: Assess the Effectiveness of SOX Legislation Instructions Prepare a paper in which you address the following: Identify and explain the key ethical components of SOX. Explain why financial fraud and abuse still occurs despite the passage of SOX. Recommend potential improvements of the SOX legislation based on your research. Recommend measures, beyond the scope of SOX, that organizations can implement to prevent financial statement fraud and abuse. Support your paper with a minimum of five scholarly resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included. Length: 5-7 pages, not including title and reference pages Your paper should demonstrate thoughtful consideration of the ideas and concepts presented in the course by providing new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards.

Subject Area: Accounting

Document Type: Reports

This project has already been completed by one of the Studybay experts. The client rated this project:

Project's rating is 5/5

Price $40

Words 1375

Pages 5

Completed in 6 days

Expert Anitah

Client Review

good work

Positive
02.17.2018

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