Sarbanes-oxley act – peer’s dbate evaluation.

Please read the scenario below, and the debate from my peer. I need 250 words replying the debate of my peer’s work. The analysis provided must be back-up by the USA Law. ***When you are responding to the “Debate this” prompt, I want you to explain the WHY. I want you to have material to back up your position. I want to see the support. What is your source? I want you to constructively comment and add value to someone else’s post.*** You will see the scenario, the debate phrase and my peer’s debate. The last one is the one you have to work on. 

Save Time On Research and Writing
Hire a Pro to Write You a 100% Plagiarism-Free Paper.
Get My Paper

Scenario:

 Superior Wholesale Corporation planned to purchase Regal Furniture, Inc., and wished to deter-mine Regal’s net worth. Superior hired Lynette Shuebke, of the accounting firm Shuebke Delgado, to review an audit that had been prepared by Norman Chase, the accountant for Regal. Shuebke advised Superior that Chase had performed a high-quality audit and that Regal’s inventory on the audit dates was stated accurately on the general ledger. As a result of these representations, Superior went forward with its purchase of Regal.
After the purchase, Superior discovered that the audit by Chase had been materially inaccurate and misleading, primarily because the inventory had been grossly overstated on the balance sheet. Later, a former Regal employee who had begun working for Superior exposed an e-mail exchange between Chase and former Regal chief executive officer Buddy Gantry. The exchange revealed that Chase had cooperated in overstating the inventory and understating Regal’s tax liability. Using the information presented in the chapter, answer the following questions. 

Debate Phrase:

 Only the largest publicly held companies should be subject to the Sarbanes-Oxley Act. 

Save Time On Research and Writing
Hire a Pro to Write You a 100% Plagiarism-Free Paper.
Get My Paper

Please debate this Peer’s debate:

 Sarbanes-Oxley Act is more directed and has a higher impact on private companies than publicly held ones. The failure to adhere to the requirements acts leads to severe penalties. The acts advocate the private’s companies accept special provisions towards corporate governance and formulate best practices. The response resulted from accounting and the scandal that hits corporate governance such as Tyco, Worldcom, and Enron.  

Calculate your order
Pages (275 words)
Standard price: $0.00
Client Reviews
4.9
Sitejabber
4.6
Trustpilot
4.8
Our Guarantees
100% Confidentiality
Information about customers is confidential and never disclosed to third parties.
Original Writing
We complete all papers from scratch. You can get a plagiarism report.
Timely Delivery
No missed deadlines – 97% of assignments are completed in time.
Money Back
If you're confident that a writer didn't follow your order details, ask for a refund.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00
Power up Your Academic Success with the
Team of Professionals. We’ve Got Your Back.
Power up Your Study Success with Experts We’ve Got Your Back.
Open chat
1
Order through WhatsApp!
nursingesssayswritings.com
Hello!
You Can Now Place your Order through WhatsApp

Order your essay today and save 30% with the discount code ESSAYHELP2