The Sarbanes-Oxley Act Term Paper by hicaliber

The Sarbanes-Oxley Act
This paper analyzes the current issues and trends pertaining to the Sarbanes-Oxley Act.
# 94734 | 1,118 words | 6 sources | MLA | 2007 | US
Published on May 06, 2007 in Business (Accounting) , Business (Law) , Accounting (General)


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Description:

The paper explains that the Sarbanes-Oxley Act has been successful in enabling higher levels of accountability throughout publicly-held companies. The paper relates that this is mainly a result of re-defining core processes as they relate to financial reporting and the disclosure of events that impact a company's financial performance. The paper also points out the interpretative nature of the compliance legislation and the confusion that exists over just what constitutes a compliant strategy. The paper concludes that compliance is a corporate-wide strategy.

Outline:
Executive Summary
Fundamentals of Sarbanes-Oxley
Analyzing How Sarbanes-Oxley is Redefining Processes and IT Spending
Sarbanes-Oxley Audits Are the Big News for 2006
Bottom Line

Sample of Sources Used:

  • AMR Research (2005)- SOX Spending for 2006 to Exceed $6B. John Hagerty and Fenella Sirkisoon. Tuesday November 29, 2005. Accessed from the Internet on July 1, 2006: http://www.amrresearch.com/Content/View.asp?pmillid=18967
  • Columbus and Murphy (2002) - Re-orienting Your Content and Knowledge Management Strategies. AMR Research. Boston, MA. Report and research findings published October 2002. Retrieved April 26, 2005: http://www.lwcresearch.com/filesfordownloads/ReorientingYourContentandKnowledgeMgmtStrategy.pdf
  • Economist (2006) - Virtual champions. Economist Magazine. June 1, 2006. Retrieved from the Internet on July 2, 2006: http://www.economist.com/surveys/PrinterFriendly.cfm?story_id=6969722
  • Gartner (2005) - Compliance Has Many Faces. Bace, Leskela, Rozwell. Industry Research Brief G00125885. Gartner Group. January 31, 2005.
  • Hagerty (2006) - Lowering SOX Costs through Scope Reduction. Alert by John Hagerty. AMR Research. Boston, MA. Thursday May 18, 2006. Accessed from the Internet on July 2, 2006: http://www.amrresearch.com/Content/View.asp?pmillid=19469

Cite this Term Paper:

APA Format

The Sarbanes-Oxley Act (2007, May 06) Retrieved January 27, 2022, from https://www.academon.com/term-paper/the-sarbanes-oxley-act-94734/

MLA Format

"The Sarbanes-Oxley Act" 06 May 2007. Web. 27 January. 2022. <https://www.academon.com/term-paper/the-sarbanes-oxley-act-94734/>

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