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Your accounting firm has been
hired to consult a privately held company. The company is considering becoming
public in the near future. As part of preparing for this transition, they have
asked your firm to create training materials they can use to ensure their
company aligns to the Sarbanes-Oxley Act. At this point, the company is unsure
of what this act really means and how it might affect them.
Create a 1,050- to
1,400-word training manual to introduce the Sarbanes-Oxley Act and describe its
implications to the company. Create your training manual in the Microsoft
Office® format of your choice, such as Word®, Publisher®,
or PowerPoint®. If you opt to use PowerPoint®, include
comprehensive speaker notes.
Research using your
textbooks and at least two outside sources.
Include the following information:
· The reasons the
act was brought forth and the role of accounting in making ethical decisions
· The current U.S.
accounting rule-making bodies (FASB, SEC and PCAOB) and their influence
regarding this act
· The
documentation standards that the company must adopt to be in compliance with
the act
· The changes
required to hold management accountable for ensuring that internal controls
function properly
Format your assignment
consistent with APA guidelines.
Submit
a Certificate of Originality
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