sarbanes oxley memo Ancher reality Trading TO: Board of Directors FROM: skill team A consultants eon: August 22, 2005 SUBJECT: Sarbanes-Oxley recommendations As consultants for Ancher Public Trading (APT), education Team A would care to demonstrate the implications of the Sarbanes-Oxley (SOX) jurisprudence. This memorandum provides a brief history of SOX¡¦s creation, explains the affinity amongst the FASB, SEC and PCAOB, describes the pros and cons of SOX, assesses the imp human actions of SOX, and lists honest considerations of SOX. History of SOX - the Sarbanes-Oxley Act of 2002 is legislation in response to the mellowed profile financial scandals, such as seen with Enron and WorldCom. The purpose of this act is to encourage shareholders and the general human race from explanation errors and fraudulent telephone line practices. The Sarbanes-Oxley Act introduced stringent bleak rules to protect investors by impro ving the accuracy and reliability of unified disclosures...If you regard to get a full essay, order it on our website: BestEssayCheap.com
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