Discuss the impact of Sarbanes-Oxley on a company’s internal control
Discuss the impact of Sarbanes-Oxley on a company’s internal controls. Be sure to define internal controls and discuss the basic principles for assessing internal controls.
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The Sarbanes-Oxley Act had a significant impact on firms’ control environment. The latter includes the management and governance functioning of business agencies. The act changed the responsibility of the management team in matters dealing with financial reporting…
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