What do you see as the future of the Dodd Frank Act?

Q: Do the principles of natural justice apply to incorporated and unincorporated societies? – explain…

A: A business organization can be formed in various business organizations, such as a sole…

Q: What is the status of House Bill No. 3902?

A: Government accounting is the accounting which is the set principles and guidelines and the framework…

Q: Explain the role of voters as one of the causes of inefficiencies underlying the public choice

A: Public choice reflects people's action in  collective decision making. The main features associated…

Q: What are the threats to independence?

A: Given below are the seven threats to auditor’s independence:   Self-review threat: It occurs when…

Q: What are the major advantages of going public?

A: When a private firm raises funds in the capital market by issuing shares for the first time, it is…

Q: Which is the primary source of SEC independence rules?

A: The primary source of SEC independence rules is Rule 2-01   Rule 3526 deals with the communication…

Q: What are International Ethical Standards?

A: Ethics:   In business, ethics refer to implementation of business policies and practices that an…

Q: What was the Sarbanes–Oxley Act designed to accomplish? What were the major factors that led the US…

A: Managerial accounting:   Managerial accounting is more focused towards analyzing information and…

Q: What is the goal of conservatism?

A: Definition:

Q: The Sarbanes-Oxley Act requires the following?

A: Sarbanes-Oxley Act is formulated during 2002 under US federal law. The prime purpose of the act is…

Q: Which of the following is NOT an antitrust law? the FTC Act the Smoot-Hawley Act the Robinson-Patman…

A: Antitrust law: It is a collection of federal and state government laws that regulate the conduct and…

Q: Why can’t legal considerations resolve every ethicalquestion?

A: Legal standards are those standards that are set forth in governmental laws. Ethical standards are…

Q: What are the advantages and disadvantages of going public?

A: Going publicIt means any company is being a private company whose IPO becomes publicly-traded as…

Q: Why is a preemptive right important?

A: Preemptive rights means the rights to  be offered to purchase a property before it is offered to…

Q: which constitutional amendment guarantees citizens the right to be"secure in their persons, their…

A: Fourth Amendment protects the users from unreasonable and warrantless searches and it specifies what…

Q: Comment on the actions of David Duncan and Nancy Temple. Which of these parties do you believe was…

A:

Q: Do you believe that self- regulation is more or less effective than governmental regulatory…

A: Regulatory forces in the marketing condition that rely upon different government administrative…

Q: What are threats and safeguards to independence?

A: American Institute of Certified Public Accountants (AICPA):   It is an association of certified…

Q: What is civil law, and what does it accomplish? What are the primary examples of public law?

A: Civil law is a subpart of law. Civil law is a legal system built upon Corpus Juris Civilis, 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: How does the Dodd Frank bill differ from other bills? Which areas were encompassed in this bill? Do…

A: In simple terms, , Dodd frank is a law that places major regulations on the financial industry,…

Q: What are the Safeguards to independence?

A:

Q: Which itemized deductions are limited by AGI? Why do you think that Congress limited these…

A: Itemized deductions: An itemized deduction is an expenditure on eligible products, services, or…

Q: What are the key features of the objection and appeal process against the Commissioner’s decision?

A: If a taxpayer does not agree with the decision and wishes to take it further, then they may lodge a…

Q: 1. How can a position paper be an essential tool in bringing about societal change?

A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Why was the Sarbanes-Oxley Act developed and enacted?

A: Introduction:- The Sarbanes–Oxley Act of 2002 is a federal law in the United States that sets…

Q: What controls would you implement to

A: Internal Control system: Internal control system can be defined as the set of policies and…

Q: What does the affordable care act do for those not insured?

A: Affordable Care Act is a comprehensive healthcare reform which has been introduced from March, 2010,…

Q: What are some of the costs of going public?

A: The costs incurring for going public will be different for companies depending upon the factors like…

Q: Why does the Section 404 is perhaps the most controversial provision of SOX?

A: Sarbanes-Oxley Act 2002:   Sarbanes-Oxley Act was passed to protect the shareholders and the general…

Q: Describe the major elements of the affordable care act. What problem is the legislation trying to…

A: Affordable care act: It is US Federal Statute passed by the 111th Congress but was signed into law…

Q: Has Sarbones Oxley been an effective piece of legislation?

A: Answer Public Company Accounting Reform and Investor Protection Act, 2002 is formally known as…

Q: What is the purpose of Presidential Decree 717?Explain in your own words

A: Different types of laws and acts are prepared time to time to support or reform a current economic,…

Q: What does the word stewardship mean and an example of what federal government stewardship?

A: Stewardship is a value that encompasses effective resource planning and administration. Stewardship…

Q: What is meant by the do-nothing alternative?

A: Do-nothing alternative means that there will not be sufficient facilities created to solve the…