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ACC 573 Week 6 DQ 1
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Assess the risks associated with derivatives instruments , indicating how these risks may be minimized for a publically traded company . Provide support for your rationale .
As an investor , assess the potential financial concerns to be raised when reviewing the financial statements of a publically traded company containing derivative instruments providing a recommendation for how the concerns may be identified and addressed . we have to get ACC 573 DQs tomorrow and ACC 575 all quizzes + one assignment
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ACC 573 Week 6 DQ 1
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The Sarbanes-Oxley ( SOX ) Act was created with the intent of improving the quality of accounting , reliability of financial statements to investors , and providing oversight to accounting professionals through the creation of a new federal agency , Public Accounting Company Oversight Board ( PACOB ). Create an argument supporting whether SOX achieved these goals , and whether financial data reported today is more accurate and reliable than prior to the Act . Provide support for your rationale .
Assess the impact to the Public Accounting Profession with the creation of the PACOB and the inability of the profession to be selfregulated . Indicate your level of support for the federal regulation of the profession . Provide a rationale for your response .