Strayer ACC 564 Week 3
Discussions Questions
IF You Want To Purchase A+ Work
then Click The Link Below For Instant Down Load
Week 3
Discussion 1 Question A & B:
“Attacks”
ACC 564
You have been hired by the CFO of Strayer
University to develop a plan to protect its accounting and financial systems at
a reasonable cost. Suggest a high-level plan for the CFO. Provide support for
your suggestion.
Internal controls will vary depending on the plan’s size, type and complexity;
whether the plan uses outside service providers to process transactions and
manage plan investments; and the size and qualifications of the department
responsible for financial reporting.
Week 3
Discussion 2 Question A & B:
“Revamping
the Sarbanes-Oxley Act (SOX)”
ACC 564
We know that the Sarbanes-Oxley Act was created as the result of
several high-profile fraud cases. Now that the act is over 10 years old, many
think that it needs to be updated to reflect the changing times. From the
e-Activity, identify and discuss at least three changes that should be made to
the act, indicating why these changes are necessary.
The Sarbanes-Oxley Act of 2002 is a legislative response to a
number of corporate scandals that sent shockwaves through the world financial
markets. Some of the biggest issues involved Enron, Tyco and
WorldCom. The Sarbanes-Oxley Act, commonly referred to as SOX, attempts
to strengthen corporate oversight and improve internal corporate control.
No comments:
Post a Comment