The Sarbanes-Oxley Act Of 2002

Satisfactory Essays

With regards to internal control and evaluation, the “Sarbanes-Oxley Act of 2002” is the manuscript to address fraud and risking the trustworthiness of the corporation.

Orchard & Butterfield (2009) studied the internal control of construction company's revealed the following “business circle to be cardinal focus for financial managers and auditing firms to avoid falling short of the Act.

Each business circle is important or worth appropriate recordings and must be recorded in line with section 404 of the “The
Sarbanes-Oxley Act of 2002”. Gupta, (2008) research revealed that financial managers need to be custodians of people’s money “but not to take people’s money to be theirs”. Risk assessment, monitoring and evaluations are necessary

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