Adeline 
. The Sarbanes-Oxley Act protects investors by setting standards for corporate governance and financial reporting. What are SOX internal controls? Internal controls are policies and procedures that are put in place by a company to ensure the accuracy and validity of its financial reporting. The Sarbanes-Oxley Act (SOX) of 2002 requires that all public companies … Read more
The Multifiber Arrangement (MFA) was a set of trade rules negotiated by the General Agreement on Tariffs and Trade (GATT) in 1974. The MFA established quotas on the amount of textile and apparel products that could be imported into the United States and other developed countries from developing countries. The MFA was intended to protect … Read more
Assets are the assets, rights and other economic resources that companies have and that are likely to be converted into profits or provide an economic return to the company. These assets are controlled by the company as a result of past actions. In accounting, the assets of a company are considered to be equal to … Read more
