Explore BrainMass

Explore BrainMass

    The Sarbanes-Oxley Act in a Hospital Setting

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Develop a plan for compliance with the Sarbanes-Oxley Act (SOX) in a hospital setting. How can employees become knowledgeable with the major provisions of SOX? How can top executives comply with the major provisions? How can conflicts of interests in the organization be observed?

    © BrainMass Inc. brainmass.com March 4, 2021, 11:48 pm ad1c9bdddf

    Solution Preview

    A plan for compliance with the Sarbanes-Oxley act in a hospital setting, would include the implementation of a number of policy initiatives and methodology that would ensure that the hospital's business activities are legally and financially in line with the regulations that are spelled out by the Sarbanes-Oxley Act. Step number one in this plan, would be to ensure that the accounting firm and or all the auditors that are tasked with maintaining and reporting the hospital's financial records, conduct these activities in compliance with the stipulations of the Sarbanes-Oxley Act created oversight board. Step two would ...