ACC 573 Week 4 DQ 1 For more course tutorials visit www . uophelp . com
ACC 573 Week 4 DQ 2
As part of the Sarbanes-Oxley Act , corporate officers are no longer able to “ pass the buck ” of responsibility for ensuring adequate controls over financial statements and reporting activities thus ensuring the accuracy of financial statements . Assess the adequacy of the provisions contained within the Act , indicating whether or not you believe requirements will improve the accuracy of financial statements and reporting . Provide support for your rationale .
Given the requirements contained in the Act for CEO and CFOs to certify the adequacy of controls and financial statement accuracy , evaluate your comfort level with this requirement should you become a CFO of a publically traded company . Provide support for your rationale . ===============================================
ACC 573 Week 4 DQ 1 For more course tutorials visit www . uophelp . com
Based on your review of the current requirements of the SEC and FASB , assess the adequacy of the guidelines for ensuring the transparency of off-balance-sheet transactions to investors , indicating where improvements may still be needed . Provide support for your rationale .
As a CFO of a publically traded company , evaluate the pros and cons of using off-balance-sheet financing , including a recommendation as to whether or not you support using these types of arrangements . Provide support for your recommendation .
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ACC 573 Week 4 DQ 2