ACC 290 Week 5 Learning Team Reflection Summary

In the wake of accounting scandals over the past several years, how has the Sarbanes Oxley Act (SOX) of 2002 affected the practice of accounting? What is the role of internal controls in complying with SOX (2002)?

Write a 350- to 500-word summary of your Learning Team’s discussion.

Access the Internet to acquire a copy of the most recent annual report for the pepsi cola company

Analyze the information contained in the company’s balance sheet and income statement to answer the following questions:

ü  Are the assets included under the company’s current assets listed in the proper order? Explain your answer.