CPA a interview question Get his or her take on the below concept. If your interviewee...

CPA a interview question

Get his or her take on the below concept.

If your interviewee was a practicing accountant before SOX was enacted, has SOX changed the way he or she approaches audits?

Expert Solution

The SOX Act sets the deadline for compliance and publishes rules requirements.

To protect the shareholders and the general public for fraudulent practices and accounting errors in the enterprises

and to improve the accuracy of the disclosures made by the corporates.

In the gives case, the interviewee was a practicing accountant before SOX was enacted,

the way audit done is far different than the way it is done after enactment of SOX.

Therefore, the interviewee has to understand all the compliance and the requirements of the SOX. & follow the guidelines made thereunder.

He/She have to check how well the company manages its internal controls.

YES, the approach of doing an audit is changed after enactment of SOX.

ekkarill92 answered 2 years ago

CPA Interview Question Get his or her take on the below concept. Does your interviewee believe...

CPA Interview Question Get his or her take on the below concept. Does your interviewee believe that SOX has done what it set out to do - prevent future accounting scandals?

CPA a interview question Get his or her take on the below concept. Has SOX compliance...

CPA a interview question Get his or her take on the below concept. Has SOX compliance changed the practice of accounting?

CPA Interview Question Get his or her take on the below concepts. Is complying with SOX...

CPA Interview Question Get his or her take on the below concepts. Is complying with SOX an onerous or burdensome exercise? If so, what provisions are the most taxing (pun not intended) on the accountant?

CPA Interview Question Get his or her take on the below concepts. Has SOX done an...

CPA Interview Question Get his or her take on the below concepts. Has SOX done an adequate job of restoring investor confidences after the accounting scandals of the early 2000s?

Summarize your take-aways from the informational interview.

Summarize your take-aways from the informational interview. What you have learned about the company, the interviewee’s career path, your potential career path, the company culture, skills that you may need but still need to develop, etc.? Take this time to truly reflect on the conversation and share your newly gained insights.The company i choose was Dignity Health. For a IT Security Role. ( IT Security Analyst II - Identity Operations)

QUESTION 18 A CPA wishes to mention the names of her most prominent clients on her...

QUESTION 18 A CPA wishes to mention the names of her most prominent clients on her website. The mere existence of a professional relationship between a CPA and a small business client I. Never may be disclosed due to the duty of confidentiality II. Generally may be disclosed by a CPA as long as the substance of the communications between them is not disclosed III. Always may be disclosed, but it is advisable to first request the client’s permission to...

Interview a classmate. Ask him/her to describe his/her own ecology during their growing up years. Focus...

Interview a classmate. Ask him/her to describe his/her own ecology during their growing up years. Focus your discussion on identifying possible socialization agents that you think may have important role in shaping your classmate’s development. Write your findings from the Bronfenbrenner’s Ecological System Model.

Ricky Bledsoe, CPA is going through a frustrating day trying to get his hands around several...

Ricky Bledsoe, CPA is going through a frustrating day trying to get his hands around several transactions. Quartney comes by and recommends they go to their local pub and discuss it over drinks. After reaching the bar, Ricky begins to explain the situation. Sarah and Briana form SarahBriana Corporation. Sarah exchanges cash and other property for 700 shares (70% of the outstanding shares) of SarahBriana stock. Briana performs accounting services in exchange for 300 shares of SarahBriana stock worth $20,000...

To apply the concept of base of support, have a partner stand with his or her...

To apply the concept of base of support, have a partner stand with his or her feet together and see how much force you must apply to move him or her off balance. Then, have your partner stand with the feet farther apart and repeat your attempts to push him or her off balance. Explain the concept behind how the two differ and how a patient would use this concept if he had balance difficulties and did not use assistive...

Where does the modern president get his/her power? 2 paragraphs

Question