1. Sarbanes-Oxley
The purpose of the act was to put safeguards and controls into place which would restore public trust in the integrity of the financial reporting and auditing process for publicly traded companies. ... There is no question that non-profit organizations will be subject to increased public attention regarding their financial controls and ethical management. ... (Jeter, 2003) In most non-profit organizations, the Board of Directors is directly responsible for overseeing the financial reporting and audit process. ... Assess the organization's internal control structure and business risks The...
- Word Count: 712
- Approx Pages: 3
- Has Bibliography
- Grade Level: Undergraduate