THE SARBANES-OXLEY ACT AND CORPORATE GOVERNANCE 1 DELTA PUBLISHING COMPANY P.O. Box 5332‚ Los Alamitos‚ CA 90721-5332 All rights reserved. No part of this course may be reproduced in any form or by any means‚ without permission in writing from the publisher. 2 THE SARBANES-OXLEY ACT AND CORPORATE GOVERNANCE PROGRAM CONTENTS ACCOUNTING SCANDALS BRING ABOUT NEW GUIDELINES AND LEGISLATION POINTS OF CONTROVERSY RECENT FINANCIAL RESTATEMENTS STOCK OPTIONS
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investigative stages‚ and through trial. In 2002‚ § 1512(c)(2) was enacted as part of the Sarbanes-Oxley Act of 2002 ("Sarbanes-Oxley"). Sarbanes-Oxley Act of 2002‚ Pub. L. No. 107-204‚ § 1102(c)(2)‚ 116 Stat. 745‚ 807 (codified at 18 U.S.C. § 1512(c)(2) (2012)). Before its enactment‚ § 1512(c)(2) was part of the Victim and Witness Protection Act of 1982 ("VWPA"). Victim and Witness Protection Act of 1982‚ Pub. L. No. 97-291‚ 96 Stat. 1248. "The [VWPA] was enacted to protect those persons with knowledge
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3 Critically reflective teaching asks community college teachers to discover and research the assumptions they make about teaching and learning by using the four lenses available to them: students’ eyes‚ colleagues’ perceptions‚ educational literature‚ and teachers’ autobiographical experiences as learners. Viewing classroom practice through these four lenses helps teachers make more informed judgments and take more informed actions‚ in community college classrooms. Using the Lenses of Critically
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Blue Block 3 APUSH 11/23/2012 2002 APUSH DBQ During 1825-1861‚ or the Antebellum Era‚ there were many different social‚ religious‚ institutional and educational reform movements. Though‚ the leaders behind these goals were aspiring for a surreal goal‚ a utopian society‚ what they formed was a vastly improved nation. Some of the reform movements were the temperance movement‚ the 2nd great awakening‚ abolitionist movement‚ and women’s rights movement. These reform movements
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America was a time of both prosperity and poverty. Although it is often remembered by the luxurious lives of those like the Rockefellers and Carnagies‚ the majority of the population was a struggling working class. Entire families worked for 10 hours a day‚ 7 days a week in dangerous‚ unsanitary factories just to have enough money for dinner and the issue of upgrading these working conditions quickly came to the forefront of American reforms. The movement towards organized labor from 1875-1900 was unsuccessful
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Explain why the great reform act of 1832 was passed A major factor in the passing of the great reform act was the old electoral system‚ which was extremely unorganised and unfair. In cities like Manchester there was little representation but Old Sarum‚ a town with a population of just 15‚ could get two seats in parliament. Bribery in the electoral system was common due to there being no secret ballots; usually the person that was voted into parliament was the person that could provide the best bribes
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History Ch. 11-17 Study Guide 1. Why was Thomas Jefferson concerned with the purchase of Louisiana? How did its purchase affect the size of the nation? He was concerned because he didn’t believe in loose interpretation. The purchase was supposed to double the size. 2. Why was Jefferson’s Embargo Act considered a failure? Because the north started to lose a lot of money because there was no trade. 3. What were the effects
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#2) Why was the Congress Unable/Unwilling to prevent or act on the revolution in Austria? Austria was excluded from the Great Power negotiations during the last years of the crisis. It was unwilling to support the decisions already taken but was also unable to prevent them. Austria’s attempts to suppress uprising in Italy in areas that Austria controls initially had to deal with the French forces supporting the uprisings. Austria contained dozens of subjugated language groups (including the Magyars
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The Proceeds of Crime Act 2002 (POCA) as amended by the Serious Organised Crime and Police Act 2005 (SOCPA) sets out the primary offences of money laundering in the United Kingdom. These two Acts‚ supported by secondary legislation comprised of the Money Laundering Regulations 2007 and industry guidance make up the framework governing anti money laundering and counter terrorist financing in the United Kingdom. The enactment of POCA in 2002 brought together the various pieces of anti-money laundering
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Understanding the Sarbanes-Oxley Act (SOX) and its impact on Generally Accepted Accounting Principles (GAAP) Chan Rajaram This paper is submitted in partial fulfillment of the requirements for graduation from Accounting Theory and Practice (BUSN 5600) Webster University Summer 2015 Abstract To discuss the origin and background of the Sarbanes-Oxley Act (SOX) and how it was implemented with an aim to improve accountability in the financial reporting process of all public companies. We
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