My opinion of the Sarbanes Oxley Act of 2002 (SOX) The government is charged with the responsibility of protecting its citizens. This responsibility is extended not only to administering punishment through enforcement of legislation but also to preventing occurrences through the enactment of laws to protect their citizens. The government had to act. The great fall that was the result of corporate and accounting fraud‚ in the early twenty-first century nearly destroyed the economical welfare of
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The Degrading Importance of the Endangered Species Act The purpose of the Endangered Species Act is to protect and recover imperiled species and the ecosystem upon which they depend on. Since 1973 the Endangered Species Act has saved endangered and threatened species from extinction. The Endangered Species Act‚ also known as the ESA‚ is a list of approximately 2‚195 endangered or threatened species. For a species to be considered endangered and listed onto the ESA‚ the species has to be in danger
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Abstract The primary concern of this paper is to establish the impact of the USA Patriot Act on local law enforcement and its potential for net widening. This paper will cover three primary areas to provide a proper public safety case analysis. First the paper will describe the public safety agency and its roles in relation to the USA PATRIOT ACT. Then the paper will provide a detail explanation of the leadership‚ management‚ and administration roles of the public safety agency chosen. Finally this
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Labbe 1 Ryan Labbe Communications 261 Prof. Olmstead November 18‚ 2004 Espionage Act of 1917 and Sedition Act (Amendment) of 1918 On April 2nd 1917‚ President Woodrow Wilson of the United States of America‚ " went before Congress and called for a declaration of war. Both the House and the Senate voted overwhelmingly in favor of going to war with Germany."# This was an act that led to much resistance among the American people. Not four months earlier the American people re-elected President
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The Stamp Act’s Cause of Events. The Stamp Act was a direct tax imposed by the British Parliament specifically on the colonies of British America. The act required that many printed materials in the colonies be produced on stamped paper produced in London‚ carrying an embossed revenue stamp. These printed materials were legal documents‚ magazines‚ newspapers and many other types of paper used throughout the colonies. Like previous taxes‚ the stamp tax had to be paid in valid British currency‚ not
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Sarbanes-Oxley Act of 2002 Week # 2 Individual Assignment Sox Key Main Aspects for a Regulatory Environment Sarbanes-Oxley Act was passed in 2002 by former president George Bush. Essentially to combat the Enron crisis. The Sox Act basically has regulatory control and creates an enviroment that is looking out for the public. Ideally this regulatory environment protects the public from fraud within corporations. Understanding‚ that while having this regulatory control
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Kind and thoughtful acts can benefit everyone in many ways. Thoughtful acts can help anyone involved by making someone’s day‚ helping in some form or fashion‚ and by bringing joy to people. Thoughtful and kind acts can make someone’s day in many ways. One small act of kindness can turn a whole person’s day around. If someone was having a bad day and you did something as little as smile at them in the hallway than they could have a better day just by that. A thoughtful action can also let them know
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caused by pieces of paper. The Voting Rights Act of 1965 was a law passed that primarily gave African Americans the right to vote without having to take any sort of literacy tests. African Americans were widely ignored in voting rights because they were forced to take literacy tests to be eligible to vote. Having this event in our nation’s civil rights movement was a landmark that allowed the other half of our nation’s voice to be heard. “The Voting Rights Act itself has been called the single most effective
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The Sarbanes-Oxley act was created in 2002‚ requiring companies to have more sufficient internal control over their financial statements. The old “I wasn’t aware of that” from executives is no longer acceptable and in fact can result in jail time for the executives and others involved. The company can also lose their exchange listing‚ lose of D&O insurance or face large 7+ figure fines. The act was a direct response to corporate scandals‚ such as WorldCom‚ Enron and Tyco who covered up or misrepresented
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Analysis of the Sarbanes-Oxley Act Abstract The Sarbanes-Oxley Act (SOX) was enacted in July 30‚ 2002‚ by Congress to protect shareholders and the general public from fraudulent corporate practices and accounting errors and to maintain auditor independence. In protecting the shareholders and the general public the SOX Act is intended to improve the transparency of the financial reporting. Financial reports are to be certified by the Chief Executive Officer (CEO) and Chief Financial Officer
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