Corprate compliance

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Jacob K

 

Date added:

December 19, 2010

 

Level:

University

 

Grade:

A

 

No of pages / words:

10 / 2664

 

Was viewed:

5462 times

 

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Essay content:

Recent corporate scandals such as those of Enron, WorldCom, and even with Martha Stewart, tougher governance standards are set in place to minimize errors and loss through proactive measures. This paper will attempt to educate the readers on the importance of internal controls and submit a proposal to minimize enterprise risks by applying the principles or recommendations of the Committee of Sponsoring Organization of the Treadway Commission (COSO)...
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Furthermore, this paper will discuss the relations of Sarbanes-Oxley with the COSO initiative. Overview of COSO In 1985 five professional accounting organizations came together to discuss the growing problem of fraudulent financial reporting and the need to reduce, if not eliminate, this deceitful and illegal act...
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