Financial Acumen and Sarbanes Oxley Act Paper

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Economics

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Discussion Question has two parts:

Part 1: Financial Acumen

Keeping abreast of the financial measures and metrics employed by a company allows employees to better understand its health and position at any given time. Using Campbellsville University library link or other libraries and the Internet:

1. Review at least three (3) articles on financial acuity. Summary the articles in 400 – 600 words. Use APA formatting throughout including in-text citations and references.

2. Discuss the benefits of establishing solid financial acumen in a company? Discuss your personal experiences in a situation where financial acumen was either not supported as an organizational hallmark or, conversely, was built into the company's culture.

Part 2: Sarbanes-Oxley (SOX)

Write a 200-word commentary on Sarbanes Oxley and the importance this act has for American businesses today. Your commentary should include the following:


A. Rationale for SOX
B. Provisions of SOX
C. Enforcement of SOX

Please Provide for both write ups:

1. appropriate references

2. Plagarism report

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Explanation & Answer

Find attached work, thank you. Please let me know if everything is ok. I will be happy to help with more assignments in the future.

Running head: BUSINESS DISCUSSION

1

Business Discussion
Name
Institution

BUSINESS DISCUSSION

2
Business Discussion
Part 1: Financial Acumen A

Financial acumen entails skills that business managers need to make effective judgments
and better decisions regarding their financial operations. Individuals can acquire financial acuity
through workplace experience or learning. Researchers have explored the issue of acumen from
different perspectives and documented their findings in books and online articles. The article, “3
Financial acumen skills you don’t want to ignore” published on the American Management
Association (AMA) website claims that people working in the corporate sector should strengthen
their financial acumen through professional courses. The article claims that financial acumen is
complex; thus, there is a need for businesses to understand effective tools to employ in
understanding and managingvarious financial indicators around business goals, stakeholders, and
regulations. Thus, the article argues that managers need three financial acumen pillars, namely
financial skills, business quality skills, and global skills, to make effective decisions. Financial
skills entail strengthening core monetary literacy concepts, such as budgeting and forecas...


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