Purchase Solution

Sarbanes - Oxley Act

Not what you're looking for?

Ask Custom Question

What impact do you think that SOX have on foreign corporations entering into U.S. markets?

Purchase this Solution
Solution Summary

This solution discusses the impact that SOX have on foreign corporations entering into U.S. markets.

Solution Preview

Under the Sarbanes-Oxley Act of 2002, foreign companies whose shares are traded on U.S. stock exchanges must comply with new obligations on financial reporting, audit and corporate governance. Foreign services providers such as Accenture Ltd., of Bermuda, that were organized outside the United States prior to relevant "cutoff" dates are likely not to suffer the consequences of U.S. governmental retaliation for foreign "inversion" operations. Unless their securities are listed on a ...

Solution provided by:
Sandeep Bardia, MBA
Education
  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
Recent Feedback
  • "Thank you. "
  • "Thank you"
  • "Thank you. I got 20/20 last week for my discussion you help me out with."
  • "Thank you. Great Job. "
  • "Thank you. Great Job. "
Purchase this Solution
Free BrainMass Quizzes
Organizational Behavior (OB)

The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.

Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

Business Processes

This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.

MS Word 2010-Tricky Features

These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.

Learning Lean

This quiz will help you understand the basic concepts of Lean.

View More Free Quizzes
Related BrainMass Solutions

  • Sarbanes-Oxley Act and PCAOB

    280585 Explain effects of Sarbanes-Oxley Act and PCAOB on audits of public companies Explain the effect that the Sarbanes-Oxley Act of 2002, and the Public Company Accounting Oversight Board (PCAOB), will have on audits of publicly traded companies.

  • Ethics and Financial Reporting

    Discuss the main advantages and disadvantages of the Sarbanes-Oxley Act. 7. Discuss what changes should be made to the Sarbanes-Oxley Act.

  • Implementation of Sarbanes-Oxley

    164185 Implementation of Sarbanes-Oxley How will management change with the implementation of Sarbanes-Oxley and how can companies get management to act ethically?

  • Sarbanes-Oxley Act

    223460 Sarbanes-Oxley Act and the PCAOB The following comments summarize the beliefs of some practitioners about the Sarbanes-Oxley Act and the PCAOB. The Sarbanes-Oxley Act is unnecessary regulation of the profession.

  • Purpose of the Sarbanes-Oxley Act of 2002

    271674 The Sarbanes-Oxley Act of 2002. Write 200-words describing the requirements and purpose of the Sarbanes-Oxley Act of 2002. What are some of the consequences of non-compliance with the Act?

  • Sarbanes-Oxley

    Those that are against the Sarbanes Oxley Act argue that the Sarbanes Oxley Act has crippled venture capital business, stifled the creation of new public companies, and has damaged entrepreneurship.

  • The SOX Act Analysis and Discussion

    499757 The Sarbanes-Oxley Act Analysis - Analyze the underlying causes for the creation of the Sarbanes-Oxley Act to determine which played the most significant role in the creation of the act. Explain your rationale.

  • The Sarbanes-Oxley Act

    424050 The Sarbanes-Oxley Act 2002 and Its Application to Audits Explain the Sarbanes-Oxley Act of 2002 and its application to audits The Sarbanes-Oxley act of 2002 is an act that was enacted to to enhance the standards that must be adhered to by company

  • corporate governance

    Provide in your discussion a detailed discussion of the Sarbanes Oxley Act and what role it plays in corporate governance The Sarbanes Oxley Act has set higher standards for all US public company boards, management and public accounting firms.

  • Sarbanes-Oxley Act of 2002, Auditors, and the PCAOB

    280586 Sarbanes-Oxley Act of 2002, Auditors, and the PCAOB Discuss the additional requirements that are placed on auditors from this Act (Sarbanes-Oxley Act of 2002), and the actions of the PCAOB.

View More Related Solutions