• Resources: Legal Environment of Business: Online Commerce, Business Ethics, and Global Issues: Ch. 16 (pp. 364 -368), 22, and 23. • Scenario: he Sarbanes-Oxley Act (SOX) has been in effect since 2002and 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). • Assignment: Outline your proposal in the following research worksheet. For each section of SOX (Sections 302, 401, 404, 409, and 802), write a 50-100 word response to the board outlining the compliance requirements for implementation. You may answer below or on a separate sheet of paper. Please make sure your name is on your submission. o 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
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