AC564 Week 2 Home Work - Submit your assignment to the...

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Reading Operational Review , Reider - Read Chapter 2: The Planning Phase (P. 95-101) Fraud Examination , Wells - Read Chapter 11: Accounting Principles and Fraud Read Chapter 12: Fraudulaent Financial Statement Schemes Assignments The Sarbanes-Oxley Act of 2002 (SOX) was a direct output of the financial statement fraud that sank industry giants such as Enron and Worldcom. I) What are the primary goals and tenets of SOX with respect to fraud? II) How is SOX enforced? III) What is PCAOB, its role, and based upon individual research, is it an effective oversight body? IV) Based upon what the goals of SOX were, how it is implemented and enforced, through your own experience and research (both if applicable), has SOX been a successful deterrent to financial statement fraud?
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Unformatted text preview: Submit your assignment to the Dropbox located on the silver tab the top of this page. For instructions on how to use the Dropbox , read these Step-by-Step Instructions or watch this Dropbox Tutorial . Course Project The first phase of group project - the introduction draft - is due in the Dropbox this week. The specific requirements can be found under this week's course project tab. See Syllabus/"Due Dates for Assignments & Exams" for due date information. Submit your assignment to the Dropbox located on the silver tab the top of this page. For instructions on how to use the Dropbox , read these Step-by-Step Instructions or watch this Dropbox Tutorial . Begin work on Planning Phase of Operational Review Term Project and turn in planning phase draft in the drop box next week....
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