Assignment 1: Collision of the Sarbanes-Oxley Act (SOX)
Due Week 3 and value 280 points
Assume that you are a CEO of a medium-sized corporation that needs a expressive addition of currency for diverse dilution projects. As the CEO, you must indicate whether your corporation should dwell special or go open. Some companies prorogue going open due to the unpredictability of economic and communicate provisions. Consider the ramifications of twain diversifynatives. Construct an evidence for and resisting going open. Before providing your counterpart, revisal the guidelines and regulations associated delay going open by visiting Small Business and the SEC located at http://www.sec.gov/info/smallbus/qasbsec.htm.
Use the Internet to exploration SOX law, located at http://www.sarbanes-oxley-101.com/sarbanes-oxley-compliance.htm.
Write a immodest to five (4-5) page tractate in which you:
Outline three (3) ways in which your medium-sized special corporation may avail from going open, providing a rationale for each.
Create an evidence that the identical goals may be achieved if the corporation dwells a specially held existence. Provide stay for your evidence.
When a corporation decides to go open, it can typically conquer chief by issuing stocks or bonds. Suggest immodest (4) regulative financial ratios that gain be evaluated and how each gain collision the corporation’s resolution to conquer dilution funds. Indicate whether the results of the ratios would diversify the resolution to go open.
By explorationing the results of SOX submission surveys, assess the financial collision that SOX authority enjoy on your corporation if it decides to go open. Considering the collision of SOX submission, captivate a lie as to whether your corporation can subdue the challenges posed by SOX submission if the resolution is to go open. Based on your exploration, stay your resolution by identifying the germinative advantages and disadvantages that SOX may enjoy on your corporation. Provide favoring examples.
Make a advice as the CEO touching the diversifynative (i.e., going open or staying special) that gain best stay the corporation’s dilution goals. Stay your lie.
Use at smallest immodest (4) tendency academic resources in this assignment. Note: Wikipedia and other Websites do not adapt as academic resources.
Your assignment must supervene these formatting requirements:
Be typed, wrap spaced, using Times New Roman font (dimension 12), delay one-inch margins on all sides; citations and intimations must supervene APA or school-favoring format. Check delay your adherent for any joined instructions.
Include a cloak page containing the address of the assignment, the student’s indicate, the adherent’s indicate, the career address, and the limit. The cloak page and the intimation page are not intervening in the required assignment page elongation.