Question

What acts of financial security could apply to Afri-Wire (such as Sarbanes-Oxley)? List and explain each applicable acts and describe how it could be used to support your audit.

Answer 1

The securities act of 1933 regulated the securities until 2002 it required   companies to publish a prospectus about the public     traded stocks it issued. In this there was a greater chance of fraud which a CEO can do    so for this a new law was introduced as Sarbanes Ozley act 2002 enacted July 30, 2002. It is also known as the    public company accounting     reforms and investors protection act. (in the senate) and “corporate and auditing accountability    , responsibility, and transparency act”   ( in the house)