ACC 675 Milestone Two SNHU | Page 2

b ) What internal controls are important for preparing accurate and reliable financial reports ? Support your response using both examples provided in the case study , as well as research into accounting standards ( i . e ., Public Company Accounting Oversight Board [ PCAOB ]).
c ) Define , using support from accounting standards or other empirical evidence , what a material weakness is in terms of SOX compliance .
d ) Assess , through reflection on the case study as well as the comparable industries identified in the overview , what material weaknesses are specific to Trinity .
e ) Articulate standards addressed in PCAOB regarding the concept of material weaknesses in development of internal control compliance . Ensure that you demonstrate the requirements of SOX from inception in 2002 .
f ) Describe the factors that made Trinity successful by illustrating the flow processes of the organization both in a narrative and process flowchart .
Guidelines for Submission : Your analysis must be submitted as a 2 – 3-page Word document with double spacing , 12-point Times New Roman font , one-inch margins , and at least three sources cited in APA format .