The law "Sarbanes-Oxley" came about as result of

Q: Discuss three general provisions of the Sarbanes-Oxley Act.

A: Sarbanes-Oxley Act (SOX) is a legal framework that requires corporate chiefs to ensure the precision…

Q: What are the responsibilities of an originator?

A: The originator's responsibilities are: Originator communicates with all borrowers of mortgage loans…

Q: Provide examples of how finacial statments are useful and or how they are used?

A: Financial statements refer to such statements which report the profitability and the financial…

Q: What are the two cases where Garner VS Murray rule is not applicable?

A: Generally, as per the Garner vs Murray rule, any capital loss incurred due to bankruptcy of the…

Q: Explain Regulatory Provisions?

A: Regulations: The regulation is processed by which a complex system is managed under a set of rules.

Q: What is meant by the term antidilution? Give an example.

A: An increase in the earnings per share refers to anti-dilution. This results on account of the…

Q: Explain when you would issue a reservation of rights?

A: A reservation of rights is generally issued by insurance companies.

Q: Answer asap please,   With the use of examples, differentiate between: Theoretical expertise and…

A: Sharing and rapid knowledge growth are made easier by information technology. Information technology…

Q: Provide the pros and cons of Sarbanes –Oxley Act (SOX).

A: Pros of Sarbanes Oxley Act 1. Crucial information cannot be witheld from customers By requiring that…

Q: What are the two prerequisites for the application of EAC

A: The Answer is about the two prerequisites for the application of EAC:

Q: What are the two preconditions for the use of EAC?

A: It is also called as EAC, is the yearly expense of owning and preserving a asset that is calculated…

Q: Define the term an identical asset?

A: An identical asset is the group of similar assets which are individually not distinguishable and can…

Q: ncome statement information for Ivanoff Corporation follows: Sales $309,000   Cost of goods sold…

A: Vertical analysis is one of the main analysis tools used in the financial statement analysis of a…

Q: Explain the principle of “separate legal entity”.

A: Bookkeeping means recording the transactions which have any monetary value. It is the business…

Q: Define bylaws

A: An organization's Bylaws are the core values the association works under.

Q: so where the 2nd ansawer

A: Relevant cost is the cost which alters under two alternatives. Variable cost hence are relevant and…

Q: Explain the difference between the two types of subsequent events.

A: Subsequent events refers to events which occur after the end of reporting period but before…

Q: Define each of the following terms:g. Lessee’s analysis; lessor’s analysis

A: The lessee's analysis how leasing an asset is less expensive than the purchasing of the asset.

Q: What are the general jurisdictional rules? Discuss some of the exceptions to these rules.

A: Jurisdiction Rules Jurisdiction in the law which implies that the right of the court to hear the…

Q: How are IFRS and the codification related? Do you feel that IFRS adoption could happen without…

A: The question is related to International Financial Reporting Standards (IFRS) and Codification. The…

Q: In the United States, GAAP comes under the purview of the

A: In United states, GAAP comes under the purview of the Financial Accounting Standards Board (FASB).

Q: What exactly are the IPSASs' jurisdictional boundaries?

A: Here Is The Answer :

Q: Doctrine of Precedent?

A: Judicial precedent refers to the way in which the law is made and amended through the decisions of…

Q: confused on how the number for D is calculated

A: Bad debt is calculated on the value of sales receivable during the period.Bad debt is an expense…

Q: The first amount was inccorect

A: Solution:- When equal amount is paid each period at end of period, it is called ordinary annuity.…

Q: What are the functions of the conceptual framework under IFRS?

A: International Financial Reporting Standards:   IFRS (International Financial Reporting Standards) is…

Q: A site on a major river is being evaluated for a new lock and dam for navigation purposes. Two…

A: Step 1:Step 2:Step 3:Step 4:

Q: Compare and contrast a condition precedent and condition subsequent.  Provide an example of each.

A: Condition precedent is an event that must occur before there is a duty to perform that contact on…

Q: Briefly describe the NBBO and the order protection rule. Whatregulation implemented them?

A: NBBO is a securities exchange commission regulation that requires brokers to trade at the best…

Q: What two conditions must valid entities meet?

A: Entity:   Entity in the context of database management implies anything regarding which data is…

Q: Define the term " name capitalized " .

A: When the cost or the expenses is recorded in the financial statement such as the balance sheet in…