BuyFindarrow_forward

Accounting Information Systems

11th Edition
Ulric J. Gelinas + 3 others
ISBN: 9781337552127

Solutions

Chapter
Section
BuyFindarrow_forward

Accounting Information Systems

11th Edition
Ulric J. Gelinas + 3 others
ISBN: 9781337552127
Textbook Problem

What is the overall significance of the Sarbanes-Oxley Act of 2002 to financial reporting?

Summary Introduction

To explain: The overall significance of the Sarbanes-Oxley act to financial reporting.

Introduction:

General ledger/business reporting process (GL/BR):

General ledger can be defined as the central data repository needed to develop the business reports. The business reports and other forms of information generation are all derived from the general ledger data repository. The GL/BR process is considered as a central activity of the accounting information systems.

Explanation

The overall significance of the Sarbanes-Oxley act to financial reporting:

Developing supporting reports for the decision makers to make important decisions the main purpose of accounting information system. The Sarbanes-Oxley Act was enacted to rise the possibility that these decision makers always get their hands on exact and dependable information...

Still sussing out bartleby?

Check out a sample textbook solution.

See a sample solution

The Solution to Your Study Problems

Bartleby provides explanations to thousands of textbook problems written by our experts, many with advanced degrees!

Get Started

Additional Business Solutions

Find more solutions based on key concepts

Show solutions add

In words, what is put-call parity?

Fundamentals of Financial Management (MindTap Course List)

How are managements actions incorporated in EVA and MVA? How are EVA and MVA interconnected?

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)

Why do economists make assumptions?

Brief Principles of Macroeconomics (MindTap Course List)

The word persuasion turns some people off. What negative connotations can it have?

Essentials of Business Communication (MindTap Course List)

How does the responsibility of HRM change with the size of a firm?

Foundations of Business (MindTap Course List)

What is the difference between cost of goods manufactured and cost of goods sold?

Managerial Accounting: The Cornerstone of Business Decision-Making

CONSTANT GROWTH VALUATION Harmon Clothiers stock currently sells for 20.00 a share. It just paid a dividend of ...

Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)

Why do options typically sell at prices higher than their exercise values?

Fundamentals of Financial Management (MindTap Course List)