Sarbanes-Oxley Act (SOX) has been in effect since 2002 and has cost
businesses millions of dollars in personnel and administrative costs.
Your company is in the process of “going public,” has underwritten its
Initial Public Offering (IPO), and filed its registration statement with
the Securities Exchange Commission. Your current executive team has
asked you to create a plan ensuring SOX compliance is followed once you
become a publicly traded company.
Review the pertinent
sections of The Sarbanes-Oxley Act (SOX) Act. For purposes of this
proposal to the board, only concern yourself with the compliance
provisions of SOX (Sections 302, 401, 404, 409, and 802).
Create a maximum 1,050-word proposal to the board outling the compliance project necessary to implement SOX.
Cite a minimum of one reference for the five content
areas taken from a business or legal resource. One resource must be
from the University Library.
Format your paper consistent with APA guidelines.