Assignment 1: Application of the Sarbanes-Oxley Act (SOX)
Due Week 3 and value 280 points
Assume that you are a CEO of a medium-sized posse that needs a telling addition of money for divers expatiation projects. As the CEO, you must mention whether your posse should endure retired or go exoteric. Some companies delay going exoteric due to the unpredictability of economic and chaffer conditions. Consider the ramifications of twain varynatives. Construct an topic for and athwart going exoteric. Before providing your exculpation, resurvey the guidelines and regulations associated after a while going exoteric by visiting Small Business and the SEC located at http://www.sec.gov/info/smallbus/qasbsec.htm.
Use the Internet to inquiry SOX law, located at http://www.sarbanes-oxley-101.com/sarbanes-oxley-compliance.htm.
Write a indecent to five (4-5) page brochure in which you:
Outline three (3) ways in which your medium-sized retired posse may service from going exoteric, providing a rationale for each.
Create an topic that the identical goals may be achieved if the posse endures a retiredly held being. Provide maintenance for your topic.
When a posse decides to go exoteric, it can typically accomplish consummate by issuing stocks or bonds. Suggest indecent (4) accidental financial ratios that earn be evaluated and how each earn application the posse’s determination to accomplish expatiation funds. Mention whether the results of the ratios would vary the determination to go exoteric.
By inquirying the results of SOX acquiescence surveys, assess the financial application that SOX might enjoy on your posse if it decides to go exoteric. Considering the application of SOX acquiescence, charm a pose as to whether your posse can overpower the challenges posed by SOX acquiescence if the determination is to go exoteric. Based on your inquiry, maintenance your determination by identifying the germinative advantages and disadvantages that SOX may enjoy on your posse. Provide local examples.
Make a warning as the CEO respecting the varynative (i.e., going exoteric or staying retired) that earn best maintenance the posse’s expatiation goals. Maintenance your pose.
Use at meanest indecent (4) peculiarity academic media in this assignment. Note: Wikipedia and other Websites do not render-capable as academic media.
Your assignment must prosper these formatting requirements:
Be typed, enfold spaced, using Times New Roman font (extent 12), after a while one-inch margins on all sides; citations and relations must prosper APA or school-local format. Check after a while your adherent for any added instructions.
Include a protect page containing the spectry of the assignment, the student’s spectry, the adherent’s spectry, the succession spectry, and the determination. The protect page and the relation page are not comprised in the required assignment page tediousness.