Sarbanes-Oxley (SOX) Act

Part 2: Sarbanes-Oxley (SOX)

Write a 200-word commentary on Sarbanes Oxley and the importance this act has for American businesses today. Your commentary should include the following:

A. Rationale for SOX
B. Provisions of SOX
C. Enforcement of SOX

2. Read and respond to 3 of your classmates’ posts. In your response to your classmates, consider comparing cash generation techniques at your company versus his or her company. Draw distinctions based on the industry and tell your colleagues why those distinctions are necessary for the management of cash flow. Below are additional suggestions on how to respond to your classmates’ discussions:

· Ask a probing question, substantiated with additional background information, evidence or research.

· Share an insight from having read your colleagues’ postings, synthesizing the information to provide new perspectives.

· Offer and support an alternative perspective using readings from the classroom or from your own research.

· Validate an idea with your own experience and additional research.

· Make a suggestion based on additional evidence drawn from readings or after synthesizing multiple postings.

· Expand on your colleagues’ postings by providing additional insights or contrasting perspectives based on readings and evidence.

Response student 1(rajendra tammbula) :

The aptitudes once obtained aides in positive activity and development of organizations or associations particularly with regards to managing organizations’ money related administration, contenders and building up the cost-adequacy of acquiring another item the market. The diverse in getting ready ventures are impelled for the delegates of budgetary authority. The agents like to share the particular endeavor plans to customers to share the spotlight that incorporates new customers with their knowledge. A portion of the guidelines incorporate devastation and misrepresentation of records, the maintenance time frame for putting away records and the sort of records which must be put away. The last being Global abilities which incorporate the understanding the worldwide and neighborhood markets and how the item or administration presented by the organization would happen in the particular markets.