The Sarbanes –Oxley Act of 2002 has increased integrity of business dealings and financial reporting. Over the past decade‚ there were a huge number of corporate fraud cases. Companies were creating fraudulent accounting statements. In order to accomplish massive fraud‚ fictitious sales‚ inflated inventories‚ and phony profits were invented by corporate schemers. Companies such as Sunbeam‚ Waste Management‚ Rite-Aid and some others were some of the earlier cases before getting to the larger scandals
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Acts of non-conformity should either be admonished or admired‚ I feel‚ depending on circumstance and the effect that act has on people. Each and every act is unique and different and may either have a negative or positive effect on people. It is the result of the act of non-conformity where we can truly decide whether it should be admired or admonished. Acts of non-conformity which have a positive effect on people‚ or show that a person is comfortable being an individual‚ should be admired as they
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The Indian Removal Act The U.S got the Louisiana Territory in 1803. Then during his presidency‚ Andrew Jackson got Congress to pass the Indian Removal Act. This act stated that all Indians that wished to follow their own tradition must move to the Indian Territory where they would have more than 70‚000 square miles of free land. When this act was passed‚ all Indians but the Cherokee signed the Treaty of Echota agreeing to move. Jackson thought it was necessary to take action against them to enforce
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Right to Information Act‚ 2005 In order to promote transparency and accountability in administration‚ the Indian Parliament enacted the Freedom to Information Act‚ 2002‚ which was repealed later with the Right to Information Act‚ which came into force on 12 October 2005. The new law empowers Indian citizens to seek information from a Public Authority‚ thus making a Government and its functionaries more accountable and responsible. What is the necessity of this Act? A citizen who is paying taxes
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The Indian Removal Act of 1830 was a heated topic in Congress. Defend the passage or rejection of the Act with reference to the moral‚ political‚ constitutional and practical concerns of a congressman. The Indian Removal Act of 1830 was at the time‚ thought to be justified and acceptable. There were two groups‚ the people who wanted the Indian’s gone‚ and the people who believed they should be allowed to stay. I believe forcing the Indians out of their territory was immoral‚ had no effect on
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During one of my Online Facebook sessions‚ I was watching a video on random acts of kindness called “Validation”‚ it reminded me that performing random acts of kindness like simply complimenting people is something that I need to incorporate more into my life on a regular basis. I actually had a warm feeling inside knowing that many people have done so many kind things to me. I too have done many kind things to others; but‚ I had still not decided to incorporate this small thing into my life. I immediately
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On March 22‚ 1765 a law called The Stamp Act was imposed by the British Parliament. The Stamp Act was an act of the British Parliament that exacted revenue from the American colonies by imposing a tax on newspapers and legal or commercial documents. The Stamp Act was made because money needed to be raised for military defenses‚ for the British troops that were staying in the colonies‚ and the British wanted governmental authority over the colonies. This made the colonists very infuriated
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Primer on Sarbanes Oxley What is the Sarbanes-Oxley Act and why was its enactment necessary? The Sarbanes-Oxley Act was enacted on July 2012 under the administration of President George W. Bush. The passage of this law was a reaction to a number of major corporate and accounting scandals that included Enron‚ Tyco International‚ WorldCom and Adelphia. What the myriads of corporate scandals have in common was skewed and questionable reporting of financial transactions that cost investors billions
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There was a new debate in Congress about an act that would make the Native Americans move out of their homeland and into west America. It stirred many questions. The Indian Removal Act of 1830 was at the time‚ thought to be justified and acceptable. There were two groups‚ the people who wanted the Indian’s gone‚ and the people who believed they should be allowed to stay. The Indian Removal Act of 1830 that forced the Indians out of their territory was immoral‚ had no effect on the state of Georgia
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The Sarbanes-Oxley Act The Sarbanes-Oxley Act of 2002(SOX which is also known as the Public Company Accounting Reform and Investor Protection Act was enacted in July‚ 30‚ 2002 as a prompt response to the financial crimes scandals (Adelphia‚ Enron‚ WorldCom‚ Peregrime Systems ‚ Arther Anderson and Tyco International). SOX establishes new‚ stricter standards for all US publicly traded companies. It does not apply to privately companies. The Act is administered by the Securities and Exchange Commission
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