Assignment: Impact of the Sarbanes-Oxley Act (SOX)

Due: October 18, 2018 by 6:00pm / 18:00 hrs

Assume that you are a CEO of a medium-sized company that needs a significant influx of cash for several expansion projects. As the CEO, you must determine whether your company should remain private or go public. Some companies postpone going public due to the unpredictability of economic and market conditions. Consider the ramifications of both alternatives. Construct an argument for and against going public.

Before providing your response, review the guidelines and regulations associated with going public by visiting Small Business and the SEC located at http://www.sec.gov/info/smallbus/qasbsec.htm.

Use the Internet to research SOX law, located at http://www.sarbanes-oxley-101.com/sarbanes-oxley-compliance.htm.

Write a six to eight (6-8) page paper in which you:

1. Outline three (3) ways in which your medium-sized private company may benefit from going public, providing a rationale for each.

2. Create an argument that the same goals may be achieved if the company remains a privately held entity. Provide support for your argument.

3. When a company decides to go public, it can typically obtain capital by issuing stocks or bonds. Suggest four (4) leading financial ratios that will be evaluated and how each will impact the company’s decision to obtain expansion funds. Determine whether the results of the ratios would alter the decision to go public.

4. By researching the results of SOX compliance surveys, assess the financial impact that SOX might have on your company if it decides to go public. Considering the impact of SOX compliance, take a position as to whether your company can overcome the challenges posed by SOX compliance if the decision is to go public. Based on your research, support your decision by identifying the potential advantages and disadvantages that SOX may have on your company. Provide specific examples.

5. Make a recommendation as the CEO regarding the alternative (i.e., going public or staying private) that will best support the company’s expansion goals. Support your position.

6. Use at least four (4) quality academic resources in this assignment.

Note: Wikipedia and other Websites do NOT qualify as academic resources.

Your assignment must follow these formatting requirements:

· Be typed, double spaced, using Times New Roman font (size 12), with 1” margins on all sides; citations and references must follow APA format.

· Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are NOT included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

· Analyze financial reports, prepare analysis, and draw conclusions based on the financial analysis.

· Calculate and interpret various financial and operating ratios used in business.

· Use technology and information resources to research issues in accounting management.

Assignment

:

Impact

of

the

Sarbanes

Oxley

Act

(SOX)

Due: October 18, 2018 by 6:00pm / 18:00 hrs

Assume that you are a CEO of a medium

sized company that needs a significant influx of cash for

several expansion projects. As the CEO, you must determine whether your company should remain

private or go public. Some companies postpone going public due to

the unpredictability of economic

and market conditions. Consider the ramifications of both alternatives. Construct an argument for and

against going public.

Before providing your response, review the guidelines and regulations associated with going public

by

visiting Small Business and the SEC located at

http://www.sec.gov/info/smallbus/qasbsec.htm

.

Use the Internet to research SOX law, located at

http://www.sarbanes

oxley

101.com/sarbanes

oxley

compliance.htm

.

Write a

six

to

eight

(

6

8

) page paper in which you:

1.

Outline three (3) ways in which your medium

sized private company may benefit from go

ing

public, providing a rationale for each.

2.

Create an argument that the same goals may be achieved if the company remains a privately

held entity. Provide support for your argument.

3.

When a company decides to go public, it can typically obtain capital by is

suing stocks or

bonds. Suggest four (4) leading financial ratios that will be evaluated and how each will impact

the company’s decision to obtain expansion funds. Determine whether the results of the ratios

would a

lter the decision to go public.

4.

By resear

ching the results of SOX compliance surveys, assess the financial impact that SOX

might have on your company if it decides to go public. Considering the impact of SOX

compliance, take a position as to whether your company can overcome the challenges posed

by SOX compliance if the decision is to go public. Based on your research, support your

decision by identifying the potential advantages and disadvantages that SOX may have on

your company. Provide specific examples.

5.

Make a recommendation as the CEO regard

ing the alternative (i.e., going public or staying

private) that will best support the company’s expansion goals. Support your position.

6.

Use at least four (4) quality academic resources in this assignment.

Note:

Wikipedia and other Websites do

NOT

qualify

as academic resources.

Your assignment must follow these formatting requirements:

·

Be typed, double spaced, using Times New Roman font (size 12), with

1

margins on all sides;

citations and references must follow

APA format.

·

Include a cover page containing the title of the assignment, the student’s name, the professor’s

name, the course title, and the date. The cover page and the reference page are

NOT

included

in the require

d assignment page length.

Assignment: Impact of the Sarbanes-Oxley Act (SOX)

Due: October 18, 2018 by 6:00pm / 18:00 hrs

Assume that you are a CEO of a medium-sized company that needs a significant influx of cash for

several expansion projects. As the CEO, you must determine whether your company should remain

private or go public. Some companies postpone going public due to the unpredictability of economic

and market conditions. Consider the ramifications of both alternatives. Construct an argument for and

against going public.

Before providing your response, review the guidelines and regulations associated with going public by

visiting Small Business and the SEC located at http://www.sec.gov/info/smallbus/qasbsec.htm.

Use the Internet to research SOX law, located at http://www.sarbanes-oxley-101.com/sarbanes-

oxley-compliance.htm.

Write a six to eight (6-8) page paper in which you:

1. Outline three (3) ways in which your medium-sized private company may benefit from going

public, providing a rationale for each.

2. Create an argument that the same goals may be achieved if the company remains a privately

held entity. Provide support for your argument.

3. When a company decides to go public, it can typically obtain capital by issuing stocks or

bonds. Suggest four (4) leading financial ratios that will be evaluated and how each will impact

the company’s decision to obtain expansion funds. Determine whether the results of the ratios

would alter the decision to go public.

4. By researching the results of SOX compliance surveys, assess the financial impact that SOX

might have on your company if it decides to go public. Considering the impact of SOX

compliance, take a position as to whether your company can overcome the challenges posed

by SOX compliance if the decision is to go public. Based on your research, support your

decision by identifying the potential advantages and disadvantages that SOX may have on

your company. Provide specific examples.

5. Make a recommendation as the CEO regarding the alternative (i.e., going public or staying

private) that will best support the company’s expansion goals. Support your position.

6. Use at least four (4) quality academic resources in this assignment.

Note: Wikipedia and other Websites do NOT qualify as academic resources.

Your assignment must follow these formatting requirements:

 Be typed, double spaced, using Times New Roman font (size 12), with 1” margins on all sides;

citations and references must follow APA format.

 Include a cover page containing the title of the assignment, the student’s name, the professor’s

name, the course title, and the date. The cover page and the reference page are NOT included

in the required assignment page length.