understanding the sarbanes oxley act

... busy to document what they do and how they do it, and if the activity is infrequent they might simply not remember how they performed a past action; (c) finally, organizational actors might be unwill-ing ... represent their knowledge In addition, actors might just be too busy to document what they know due to the plexity of the task and the time that it takes to com-plete it There is also the possibility ... The three systems described herein were deemed to be technical successes by the vendors and clients in that they performed the tasks that the developers programmed them to do However, could they...

Ngày tải lên: 20/12/2013, 19:15

... on the role and function of credit rating agencies in the operation of the securities markets in response to the Congressional directive contained in the Sarbanes-Oxley Act of 2002 (“Sarbanes-Oxley ... (“Sarbanes-Oxley Act”).1 The Report is designed to address each of the topics identified for Commission study in the Sarbanes-Oxley Act, including the role of credit rating agencies and their importance to the ... confidence in the wake of recent financial scandals.3 Among other things, the Sarbanes-Oxley Act directs the Commission to examine the following: (A) the role of credit rating agencies in the evaluation...

Ngày tải lên: 15/03/2014, 07:20

... documents that 1) the lag between insider transactions and the receipt of the Form 4 by the SEC and 2) the lag between the filing date and the market reaction became shorter once the electronic ... transactions may be reported on the same filing date, I take the mean of the transaction-specific returns weighted by the value of the corresponding trades (transaction price multiplied by the ... e The dependent variable is the average of the returns compounded as of one day following each transaction reported on the same date and ending ten days after the transactions, weighted by the...

Ngày tải lên: 30/09/2015, 17:19

... Criminal LiabilityThe periodic report containing the financial statements fully complies with the requirements of the Securities Exchange Act and that information contained in the periodic report ... or audit engagements if the auditor objects to the issuer’s accounting • Seeking to have a partner removed from the audit engagement because the partner objects to the issuer’s accounting • ... document or other object, or attempts to do so, with the intent to impair the object’s integrity or availability for use in an official [federal agency or judicial] proceeding, or who otherwise...

Ngày tải lên: 15/12/2022, 22:54

... used the phrase “sweeping reform” and compared the Act, using the same words its champions did, to the New Deal era’s enactment of the original securities laws, the Securities Act of 1933 and the ... Chuck Landes, The Sarbanes-Oxley Act of 2002, In Our Opinion (The Newsletter of the AICPA’s Audit and Attest Standards Group) (July 2002), at 5 (chair of the group calling the Act “the most significant ... by the SEC These moves are intended to strengthen the PCAOB’s independence from the profession, a longstanding philosophical and practical conflict between the SEC and the AICPA Whether they...

Ngày tải lên: 30/10/2022, 16:24

... growing pace The following paper analyzes the outsourcing of accounting following the passage of SOX The impact of SOX is analyzed according to five separate areas: First, the initial impact of SOX ... of what they would outsource and what they would keep in-house because of SOX Overall, the more compelling factor contribut-ing to the impact of SOX on outsourcing of accounting is that the market ... corporate responsibility, and the forfeiture of incentive pay and insider trading While considering these three factors, Zhang used 29 Jim Carlini, “Sarbanes-Oxley Act: The Next Y2K for IT Budgets?”...

Ngày tải lên: 18/02/2014, 01:20

... separate activities One is to learn as much as pos-sible about the biology of the species in the stock The other is to learn about the fishing activities for the stock Historically, the demand ... directs how the NMFS manages the nation’s fisheries is the Magnuson-StevensFishery Conservation and Management Act, also known as the Magnuson Act Originally enacted in 1976, the Magnuson Act created ... pictures of the stock at the time the information was gathered It is often assumed that if conditions remain the same, then as the younger fish grow older they will decline through time at about the...

Ngày tải lên: 31/03/2014, 13:20

... unethical when they assumed the role of being unfamiliar with the manager as opposed to either being familiar with the manager or being a shareholder The authors concluded that one’s role in the organization ... behavior Therefore, the students perceived the first 3 scenarios as being more unethical than the professionals However, the professionals scored significantly higher than the students on their ... of concern is the fact that accounting professionals rated the scenarios more ethical as the number of years of work experience increased It appears that the passage of Sarbanes-Oxley may have...

Ngày tải lên: 04/11/2014, 22:20

... you to choose whether your tabbed panels simply display theirnames, or if they include the panel’s icon as well If the icon helps you to quicklyidentify the panel then select the Show Tab Icons ... objects on thecanvas Fireworks MX lets you toggle whether or not the bounding boxes of items on thecanvas light up when the mouse passes over them The Preview Drag preference is similar to the “Show ... and a list of the newest extensions uploaded to the Fireworksexchange To Update the information in the panel again, select Settings from theoption list and then click Update Panel The Answers panel...

Ngày tải lên: 27/08/2012, 14:31

... the host. • The ping command first sends an echo request packet to an address, then waits for a reply The ping is Trang 4successful only if:the echo request gets to the destination, and • the ... Address 11 The Traceroute Command 13 Performance 15 Using the Debug Command 16 Related Information 18 Cisco − Understanding the Ping and Traceroute Commands Trang 3Understanding the Ping andIntroduction ... reassembly time exceeded Trang 614 timestamp−replyThe table below lists the possible output characters from the ping facility: IP Ping Test Characters Character Description reply out while waiting for...

Ngày tải lên: 13/11/2012, 11:22

... System • The hardware can be different for the primary and standby databases. • The operating system and platform architecture for the primary and standby databases must be the same • The operating ... Reviewing the modes that are used to recover a primary database Trang 23Practice 2-2: Installing the Oracle Management AgentThis practice covers the following topics: • Installing the Oracle ... when to use each mode Trang 22Practice 2-1: Architecture ReviewThis practice covers the following topics: • Reviewing the Oracle Data Guard architecture • Reviewing the processes that Data Guard...

Ngày tải lên: 26/10/2013, 20:15

... the concept of two-way ranging In the case of the diagram at left, the submarine sends out a unique and recognizable sound (the “ping”) and measures the time it takes to reach something (in the ... the diagram, the sea floor) and bounce back up to the listener Essentially, the listener is listening for and timing the echo The listener knows how fast the sound travels through the water and ... second, the velocity is a given Therefore, the only thing needed by the user to calculate distance from any given satellite is a measurement of the time it took for a radio signal to travel from the...

Ngày tải lên: 13/12/2013, 05:15

... technician, or others needing to learn the fundamentals of theGPS are included here At the end of the book, there is a list of sug-gested readings for those who are interested in gathering more ... introduced to the basics of esy, or the study of the shape of the Earth, necessary to understandingwhat the GPS measurements are referenced to We will also look at some Geod-of the techniques ... revolution,comparable in scope to the invention of the accurate ship-board clock thatheralded the age of global circumnavigation of the 1700’s Today, GPS is causing a renaissance of the navigation, surveyingand...

Ngày tải lên: 13/12/2013, 05:15

... of factors, including features of the network operating system, the physical cabling plant, the network connection to other networks, the features of the client workstations, the actions of the ... most-significant digit The least-significant digit is the one farthest to the right, and the most-significant digit is the one farthest to the left For binary numbers, people also talk about the least- and ... that the number is 644672 in the octal numbering system You can also go in the other direction: Click the Dec button, enter some number, and then click the other option buttons to see how the...

Ngày tải lên: 27/06/2014, 00:20

... Sathorn, Thailand Gouda, Netherlands SÃO PAULO, Brazil Baker Tilly Ryan Glennon Baker Tilly Sungto LLC Baker Tilly TFW LLP Manaus, Brazil Beijing, China Frankfurt, Germany Athens, Greece Hong Kong, ... Amsterdam, Netherlands Zurich, Switzerland Frankfurt am Main, Germany Oslo, Norway London, United Kingdom 92200 NEUILLY-SUR-SEINE, France PRICEWATERHOUSECOOPERS AUDITING COMPANY HALANDRI - ATHENS, ... CPAs Co., Ltd SANTIAGO, Chile Hamburg, Germany OSLO, Norway Auckland, New Zealand Eindhoven, Netherlands Melbourne, Australia Brisbane, Australia Subiaco, Australia BOGOTA, Colombia Prague, Czech...

Ngày tải lên: 06/03/2014, 21:20

... using the indirect method In addition, the cash ledger functionality of the application enables the creation of cash flow statements using the direct method Matters of Compliance and Their Impacts ... transactions, other events, and conditions in accordance with the requirements set out in IPSAS During annual audits, auditors must determine that the accounting and reporting practices of the ... independent standardsetting body under the auspices of the International Federation of Accountants (IFAC) See the figure for the organizational structure of the IPSASB While the IPSASB has no power to compel...

Ngày tải lên: 14/03/2014, 00:02

... the monetary and nonmonetary costs of taking actions they might not otherwise have taken or refraining from actions they might otherwise have taken WHEN DO COMPANIES HAVE TO BEGIN FOLLOWING THE ... evaluated against the fair value of the individual underlying assets, excluding the goodwill To the extent that the fair value of the reporting unit is less than the fair value of the underlying ... that the material be part of the record, submitted and become a part of the record Mr Jenkins indicated, in fact, that he had all this information, material for the record, because of the fact there...

Ngày tải lên: 15/03/2014, 22:20

... in fact following the rules rather than trying to get around them; to see whether or not their standards are up to date or whether they need to revise them Because in an information age, there ... W:\DISC\80682 80682 41 of whether they have technically followed all the other rules of the FASB Both the FASB, which conducted the conceptual framework project in the 1970’s to create the concept statements, ... in the way you look at assets and income and debt If they not have the power to go in and check the performance of their standards in the field from time to time, they will always be behind the...

Ngày tải lên: 15/03/2014, 22:20

... government activities)13 The primary difference between the activities of the private sector and the activities of the government is that the private sector activities seek to maximize the differences ... have fundraising advantages The same cannot be said for the activities of the private sector The activities of government significantly differ from the activities of the private sector in many ... necessary for determining the burden of the national people in the future should not be recognized in the liabilities of the balance sheet On the other hand, information on the degree of resources...

Ngày tải lên: 29/03/2014, 14:20

... auditor on the effectiveness of ICFR The audit of ICFR is integrated with the audit of the financial statements of the company The objectives of the audits are not identical, however, and the independent ... by the regulator of public company auditors, the Public Company Accounting Oversight Board (PCAOB) THE PUBLIC COMPANY ACCOUNTING OVERSIGHT BOARD The PCAOB was created by the Sarbanes- Oxley Act ... responsible for the appointment, compensation, and oversight of the work of the external auditor, and the auditor reports directly to the audit committee The Act also amended the composition...

Ngày tải lên: 29/03/2014, 18:20