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ACC 599 Assignment 1 Impact of the Sarbanes-Oxley Act( SOX)
ACC 599 Week 3 Assignment 1 – Impact of the Sarbanes- Oxley Act( SOX)
Assume that you are a CEO of a medium-sized company that needs a significant influx of cash for several expansion projects. As the CEO, you must determine whether your company should remain private or go public. Some companies postpone going public due to the unpredictability of economic and market conditions. Consider the ramifications of both alternatives. Construct an argument for and against going public. Before providing your response, review the guidelines and regulations associated with going public by visiting Small Business and the SEC located athttp:// www. sec. gov / info / smallbus / qasbsec. htm.
Use the Internet to research SOX law, located athttp:// www. sarbanes-oxley-101. com / sarbanes-oxleycompliance. htm.