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.