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Actually a company can have some solid internal controls in place, more so they are required under the Sarbanes-Oxley Act, SOX Act. If you were in charge of the Sarbanes-Oxley Act,SOX Act what would you do about implementing controls?
Weegy: I'm not sure what you mean by implementing controls. The Sarbanes-Oxley Act of 2002 was passed in response to a number of major corporate and accounting scandals involving prominent companies in the United States. [ [ These scandals resulted in a decline of public trust in accounting and reporting practices. The Sarbanes-Oxley Act's major provisions include: - Certification of financial reports by chief executive officers and chief financial officers - Ban on personal loans to any Executive Officer and Director - Accelerated reporting of trades by insiders - Prohibition on insider trades during pension fund blackout periods - Public reporting of CEO and CFO compensation and profits - Additional disclosure - Auditor independence, including outright bans on certain types of work and pre-certification by the company's Audit Committee of all other non-audit work - Criminal and civil penalties for violations of securities law - Significantly longer jail sentences and larger fines for corporate executives who knowingly and willfully misstate financial statements. - Prohibition on audit firms providing extra "value-added" services to their clients including actuarial services, legal and extra services (such as consulting) unrelated to their audit work. - A requirement that publicly traded companies furnish independent annual audit reports on the existence and condition (i.e., reliability) of internal controls as they relate to financial reporting. ] ] User: What happens if you get a small green triangle within one of your cells? What causes this to appear? How do you make it disappear? (More)
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Expert Answered
Asked 9/12/2011 1:43:28 PM
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What happens if you get a small green triangle within one of your cells? What causes this to appear? How do you make it disappear?
Weegy: If Excel locates what it believes might be an error in your worksheet, it will flag the cell wih a SMALL GREEN TRIANGLE in the upper left corner. To turn off this, 1. Select the Tools menu and choose Options. 2. [ In the Options dialog box that appears, select the Error Checking tab and uncheck the "Enable Background Error Checking" check box. 3. Click Ok to close the Options dialog box. All existing error indicators will disappear and Excel will stop checking for errors. ] (More)
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Asked 9/12/2011 1:55:35 PM
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What is APA formatting?
Weegy: Hi-APA firmatting or American Psychological Association ( APA) Style is a set of rules that authors use when submitting papers for publications in APA journals. (More)
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Asked 9/12/2011 2:04:58 PM
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What is APA formatting?
Weegy: APA format is the official style used by the American Psychological Association (APA) and is commonly used to cite sources in psychology, education and social sciences. [ APA format may seem difficult, but it will become easier once you familiarize yourself with the rules and format. ] (More)
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Asked 9/12/2011 2:08:15 PM
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What information must be included in the reference list?
Weegy: The reference list appears at the end of the paper and includes only works actually cited in the text. User: What purpose does the reference list serve? Weegy: It would help if we knew what reference list you are referring to. If it is a reference for a job application then it gives your prospective employer a list of people to contact to find out what sort of person you are and if you are the type of [ worker they require. ] (More)
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Asked 9/12/2011 2:40:36 PM
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