Auditors have come into a department as part of a company-wide audit prior to issuing an audit opinion for the company’s financial reports. In a one- to two-page paper (not including the title and reference pages), explain what the staff should expect the auditors to do. Be sure to include the requirements of the Sarbanes Oxley Act in your explanation.

Your paper must be formatted according to APA style, and it must include citations and references for the text and at least two scholarly sources.

Text

Epstein, L. (2014). Financial decision making: An introduction to financial reports [Electronic version]. Retrieved from https://content.ashford.edu/

Recommended Resources

Articles

Miller, P. B. W. (2002, April). Quality financial reporting: Finding customer focus through the power of competition (Links to an external site.)Links to an external site.. Journal of Accountancy. Retrieved from http://www.journalofaccountancy.com/Issues/2002/Apr/QualityFinancialReporting.htm

Turner, L. E. (2000, March 23). Speech by SEC staff: Charting a course for high quality financial reporting (Links to an external site.)Links to an external site.. U.S. Securities and Exchange Commission. Retrieved from http://www.sec.gov/news/speech/spch356.htm

Grading Rubric:

Distinguished – Accurately and thoroughly explains what the staff should expect from the auditors, including SOX requirements

Distinguished – Displays meticulous comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains no errors and is very easy to understand.

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