DISCUSSION 1 1 DISCUSSION 1 4 Vishnu Vardhan Reddy, Puli 564429 Part1: Financial Acumen 1. Baharom, (2014), discusses the idea of "Gauging Business Acumen Degree of Technical Students from Universiti Teknologi PETRONAS: Views from the Malaysian Industry." The financial acumen includes the strategies for handling the organization's financial services. The purpose of the financial acumen is to develop the challenge that depends on the quality of financial services. The US revealing began with finance. The more organize the individuals with financial acuity, the more consumers are assigns in the company. Towards the end of each day, ask each office head to transform into an overview of regions where the corresponding financial language is not being spoken. After the instructional conference, delegate each section to the undertaking of addressing financial interest with staff in their areas of expertise. For those staff who are low on an income basis, encourage them to use more everyday language (Baharom, 2014, pp. 4683 – 4688). Barsch (2016), defines information on “Looking beyond the Financial Plan to Help Clients Maximize Their Retirement Years.” The article contains details on financial planning, customer support and retirement assistance. The universal approach describes the retirement plan particularly and is highly complex to the safety and happiness which needs the second preparation plan. Additionally, the author states that financial advisors need to take intense action to strengthen their relationship. The concern comes with retirement which has a significant impact on family, colleagues, and wife on the various social relationships. To consumers, retirement planning is extremely difficult and describes the potential treatment in cognitive decline. The article addresses the mental acuity disability summary, which reflects the document to explain or clarify some of the moves and impact long-term policy (Barsch, 2016, pp. 7-10). Pradhan, (2019), describes details on “High Medicaid Nursing Homes: Organizational and Market Factors Associated with Financial Performance.” This paper presents information on financial accumulations. The main purpose of presenting an article is to examine the partnership between the nursing home, safety and financial performance. Investigating the Author's partnership using the secondary data tool while sourced consider the qualification services and Medicate expense analysis show the sample credential and provide the results. The main reasons are to improve the market for the nursing home competition based on the quality and the public variety introduced by CMS. The nursing home website provides the clinical condition which shows higher-quality information on the opt nursing home. The financial acumen can consume the hire public reports and add accurate information and the resident acuity is calculated at the stage of the building. The study results suggest that the cases should be pr ...

1. DISCUSSION 1 1
DISCUSSION 1 4
Vishnu Vardhan Reddy, Puli
564429
Part1: Financial Acumen
1.
Baharom, (2014), discusses the idea of "Gauging Business
Acumen Degree of Technical Students from Universiti
Teknologi PETRONAS: Views from the Malaysian Industry."
The financial acumen includes the strategies for handling the
organization's financial services. The purpose of the financial
acumen is to develop the challenge that depends on the quality

2. of financial services. The US revealing began with finance. The
more organize the individuals with financial acuity, the more
consumers are assigns in the company. Towards the end of each
day, ask each office head to transform into an overview of
regions where the corresponding financial language is not being
spoken. After the instructional conference, delegate each
section to the undertaking of addressing financial interest with
staff in their areas of expertise. For those staff who are low on
an income basis, encourage them to use more everyday language
(Baharom, 2014, pp. 4683 – 4688).
Barsch (2016), defines information on “Looking beyond the
Financial Plan to Help Clients Maximize Their Retirement
Years.” The article contains details on financial planning,
customer support and retirement assistance. The universal
approach describes the retirement plan particularly and is highly
complex to the safety and happiness which needs the second
preparation plan. Additionally, the author states that financial
advisors need to take intense action to strengthen their
relationship. The concern comes with retirement which has a
significant impact on family, colleagues, and wife on the
various social relationships. To consumers, retirement planning
is extremely difficult and describes the potential treatment in
cognitive decline. The article addresses the mental acuity
disability summary, which reflects the document to explain or
clarify some of the moves and impact long-term policy (Barsch,
2016, pp. 7-10).
Pradhan, (2019), describes details on “High Medicaid Nursing
Homes: Organizational and Market Factors Associated
with Financial Performance.” This paper presents information
on financial accumulations. The main purpose of presenting an
article is to examine the partnership between the nursing home,
safety and financial performance. Investigating the Author's
partnership using the secondary data tool while sourced
consider the qualification services and Medicate expense
analysis show the sample credential and provide the results. The
main reasons are to improve the market for the nursing home

3. competition based on the quality and the public variety
introduced by CMS. The nursing home website provides the
clinical condition which shows higher-quality information on
the opt nursing home. The financial acumen can consume the
hire public reports and add accurate information and the
resident acuity is calculated at the stage of the building. The
study results suggest that the cases should be presented, and the
process should be optimized, and the results operated the
financial services (Pradhan, 2019, pp. 1-9).
2.
Benefits of Establishing Solid Financial Acumen
Developing the organization's financial acumen needs to utilize
as these experience is contracting within the data, outline, and
sales revenues. The financial acumen focused on the three major
processes, including global knowledge, financial service, and
efficiency. An organization's growth involves money
understanding and makes the organization function for the staff.
The key benefits are correlated with the corporate financial
acumen that optimizes the business decision-making process
and promotes the employee financial service.
According to my point of view, the Financial Acumen in a
company means the ability to make an excellent decision.
Developing decision making helps to lead the future in a better
way. That is a boost to the corporate decision-making process.
The financial acumen will ingest the hire public reports and add
accurate information, and thus, resident acuity is calculated at
the stage of the building.
Part 2: Sarbanes-Oxley (SOX)
The US government passed the legislation known as the
Sarbanes-Oxley Legislation (SOX) in the year 2002. It is used
to ensure that governance practice and corporate disclosure
were acceptable to the general public. The Act needs companies
to have an autonomous audit committee that comprises financial
specialists, and that can advance the timing and nature of
financial revelations (Boylan, 2015, pp. 121-126).
Nowadays, each public organization has to follow the SOX act,

4. both from the IT side and from the financial side. An
organization needs to store all corporate documents, such as
messages and online records. These records are not lower than
five years.
The SOX rational act is better reflected earlier through the
proceedings. The late 19th century is marked as economic
development; this development was accomplished through the
internet boom, which saw the emergence of the news industry.
These businesses are connected to the internet-driven by
capitalist undertakings.
The provisions of this act relating to Accounting Software Inc.
SOX is protecting stockholders from corporate manipulation
over its restrictions on client financial statements. Other
statements contain financial statements, cash flows, and impact
analyses.
The SOX act of Enforcement is administered by the SEC, known
as the "Securities and Exchange Commission." The statute relies
on the Securities and Exchange Commission to make decisions
on the equipment in compliance with the regulation.
References
Baharom, M. N. (2014). Gauging Business Acumen Level of
Technical Students from Universiti Teknologi PETRONAS:
Views from the Malaysian Industry. Procedia - Social and
Behavioral Sciences, 4683 – 4688.
doi:10.1016/j.sbspro.2014.01.1008
Barsch, R. (2016). Looking beyond the Financial Plan to Help
Clients Maximize Their Retirement Years. Journal of Financial
Service Professionals,, 70(2), 7-10.
Boylan, D. (2015). A Review of the effects of Sarbanes Oxley
on Stock Price. Global Business & Finance Review, 20(1), 121-
126. doi:10.17549/gbfr.2015.20.1.121
Pradhan, R. (2019). High Medicaid Nursing Homes:
Organizational and Market FactorsAssociated With Financial
Performance. The Journal of Health Care Organization,
Provision, and Financing, 56, 1-9.
doi:org/10.1177/0046958018825061

5. DISCUSSION 1 1
DISCUSSION 1 4
Vishnu Vardhan Reddy, Puli
564429
Part1: Financial Acumen

6. 1.
Baharom, (2014), discusses the idea of "Gauging Business
Acumen Degree of Technical Students from Universiti
Teknologi PETRONAS: Views from the Malaysian Industry."
The financial acumen includes the strategies for handling the
organization's financial services. The purpose of the financial
acumen is to develop the challenge that depends on the quality
of financial services. The US revealing began with finance. The
more organize the individuals with financial acuity, the more
consumers are assigns in the company. Towards the end of each
day, ask each office head to transform into an overview of
regions where the corresponding financial language is not being
spoken. After the instructional conference, delegate each
section to the undertaking of addressing financial interest with
staff in their areas of expertise. For those staff who are low on
an income basis, encourage them to use more everyday language
(Baharom, 2014, pp. 4683 – 4688).
Barsch (2016), defines information on “Looking beyond the
Financial Plan to Help Clients Maximize Their Retirement
Years.” The article contains details on financial planning,
customer support and retirement assistance. The universal
approach describes the retirement plan particularly and is highly
complex to the safety and happiness which needs the second
preparation plan. Additionally, the author states that financial
advisors need to take intense action to strengthen their
relationship. The concern comes with retirement which has a
significant impact on family, colleagues, and wife on the
various social relationships. To consumers, retirement planning
is extremely difficult and describes the potential treatment in
cognitive decline. The article addresses the mental acuity
disability summary, which reflects the document to explain or
clarify some of the moves and impact long-term policy (Barsch,
2016, pp. 7-10).
Pradhan, (2019), describes details on “High Medicaid Nursing
Homes: Organizational and Market Factors Associated
with Financial Performance.” This paper presents information

7. on financial accumulations. The main purpose of presenting an
article is to examine the partnership between the nursing home,
safety and financial performance. Investigating the Author's
partnership using the secondary data tool while sourced
consider the qualification services and Medicate expense
analysis show the sample credential and provide the results. The
main reasons are to improve the market for the nursing home
competition based on the quality and the public variety
introduced by CMS. The nursing home website provides the
clinical condition which shows higher-quality information on
the opt nursing home. The financial acumen can consume the
hire public reports and add accurate information and the
resident acuity is calculated at the stage of the building. The
study results suggest that the cases should be presented, and the
process should be optimized, and the results operated the
financial services (Pradhan, 2019, pp. 1-9).
2.
Benefits of Establishing Solid Financial Acumen
Developing the organization's financial acumen needs to utilize
as these experience is contracting within the data, outline, and
sales revenues. The financial acumen focused on the three major
processes, including global knowledge, financial service, and
efficiency. An organization's growth involves money
understanding and makes the organization function for the staff.
The key benefits are correlated with the corporate financial
acumen that optimizes the business decision-making process
and promotes the employee financial service.
According to my point of view, the Financial Acumen in a
company means the ability to make an excellent decision.
Developing decision making helps to lead the future in a better
way. That is a boost to the corporate decision-making process.
The financial acumen will ingest the hire public reports and add
accurate information, and thus, resident acuity is calculated at
the stage of the building.
Part 2: Sarbanes-Oxley (SOX)
The US government passed the legislation known as the

8. Sarbanes-Oxley Legislation (SOX) in the year 2002. It is used
to ensure that governance practice and corporate disclosure
were acceptable to the general public. The Act needs companies
to have an autonomous audit committee that comprises financial
specialists, and that can advance the timing and nature of
financial revelations (Boylan, 2015, pp. 121-126).
Nowadays, each public organization has to follow the SOX act,
both from the IT side and from the financial side. An
organization needs to store all corporate documents, such as
messages and online records. These records are not lower than
five years.
The SOX rational act is better reflected earlier through the
proceedings. The late 19th century is marked as economic
development; this development was accomplished through the
internet boom, which saw the emergence of the news industry.
These businesses are connected to the internet-driven by
capitalist undertakings.
The provisions of this act relating to Accounting Software Inc.
SOX is protecting stockholders from corporate manipulation
over its restrictions on client financial statements. Other
statements contain financial statements, cash flows, and impact
analyses.
The SOX act of Enforcement is administered by the SEC, known
as the "Securities and Exchange Commission." The statute relies
on the Securities and Exchange Commission to make decisions
on the equipment in compliance with the regulation.
References
Baharom, M. N. (2014). Gauging Business Acumen Level of
Technical Students from Universiti Teknologi PETRONAS:
Views from the Malaysian Industry. Procedia - Social and
Behavioral Sciences, 4683 – 4688.
doi:10.1016/j.sbspro.2014.01.1008
Barsch, R. (2016). Looking beyond the Financial Plan to Help
Clients Maximize Their Retirement Years. Journal of Financial
Service Professionals,, 70(2), 7-10.
Boylan, D. (2015). A Review of the effects of Sarbanes Oxley

9. on Stock Price. Global Business & Finance Review, 20(1), 121-
126. doi:10.17549/gbfr.2015.20.1.121
Pradhan, R. (2019). High Medicaid Nursing Homes:
Organizational and Market FactorsAssociated With Financial
Performance. The Journal of Health Care Organization,
Provision, and Financing, 56, 1-9.
doi:org/10.1177/0046958018825061
Running head: FINANCIAL ACUMEN AND SARBANES-
OXLEY 1
FINANCIAL ACUMEN AND SARBANES-OXLEY 1
Financial Acumen and Sarbanes-Oxley
Every organization has its own financial goal in improving
financial standards of the company by trying to analyse the
previous and existing financial standings of the company. There
should be a thorough clarity and knowledge in understanding
and dealing with any business situation, for which the
knowledge in financial acuity is very critical and important in
today’s world in running successful business.
Fulk, M., Watkins, K., Grable, J., & Kruger, M. (2018). Who
Changes Their Financial Planner? Journal of Financial Planning,
31(8), 48–56. Retrieved from
http://search.ebscohost.com/login.aspx?direct=true&AuthType=
sso&db=buh&AN=131004968
This is a very interesting article that helps in understanding the
need in changing the financial planners based on the factors
such as marital status, inheritability etc., In this article the
author describes a great wealth transfer of $30 trillion in assets

10. from the family to their younger generations. Therefore,
financial planners believe that there might be a possibility of
change in the financial planning and planners for the amount of
wealth inherited. It is interesting to note the fact the authors
mentioned in their paper of those families or individuals with
high income are willing to pay more for their financial advising
and planning. In a nutshell, from this paper it is understood that
financial planning is a help-seeking behaviour where the
individuals seeks advise based on their assets and income for
their future savings and investments. Those who seek help with
their finances from a financial advisors and planners tend to me
more confident and carry less regret or disappointment over the
decisions made.
The main aim of this paper is to understand how individuals
with a good house-hold income make decisions in
choosing/changing their financial planners and advisors and
what are their outcome using financial help. The methodology
used in this study is simple as they had set up questionnaires to
individuals based on certain criteria based on the financial
health and background. The results indicated that people who
often changed their financial advisors or planners are from (i)
wealthy background, who had more financial capacity, (ii)
older, (iii) individuals with good financial capacity tended to be
remained divorced or widowed. These individuals who fell
under this category have also exhibited high levels of financial
acumen and confidence over the years with good investments
and savings. The results also indicated that these individuals
pick/choose or change their financial planners based on the
practice management based on the accuracy of judgements and
evaluations their planners give based on future investments.
Tabbush, V. (2018). Understanding Costs: How CBOs Can
Build Business Acumen for Future Partnerships. Generations,
42(1), 61–64. Retrieved from
http://search.ebscohost.com/login.aspx?direct=true&AuthType=
sso&db=slh&AN=129298601
In this article the authors indicate how financial acumen affects

11. the business decisions especially community-based
organizations otherwise called as CBO which required accurate
assessments on cost benefits. As earlier mentioned in my
discussion of the importance of financial acuity in business
health it is essential that the decisions made based on the
company’s financials will have a direct effect on the
management decisions. Therefore, in this paper the authors
discuss on cost-benefits in a business as to which/what costs ate
relevant and contribute in financial and business decisions and
how can they be assessed/analysed/changed or shaped in making
wiser choices on the company’s health.
It is vital for CBOs to compare and contrast their financial
expenses because they ‘express costs by the specific service line
or program that triggers them’ as mentioned in this paper.
Therefore, for small-scale developing organizations, variable
costs could be very rough due to the unexpected rise in number
of volume-based activities. So, when there exists fixed costs
CBOs can have good chance in capturing financial benefit that
help in company’s growth. For the growth of organizations such
as CBO, the authors in this study emphasize the importance of
the financial management to distinguish between the fixed and
variable costs in their contract-year program by volume and
cumulative experience which in the long run is an important
aspect in determining and building CBO’s business acumen.
Kess, S., & Mendlowitz, E. (2015). Personal Financial Planning
for Business Owners. CPA Journal, 85(9), 60–61. Retrieved
from
http://search.ebscohost.com/login.aspx?direct=true&AuthType=
sso&db=buh&AN=111560210
In this paper the authors establish the fact of how the
business owners have difficulty in planning their finances.
Individuals holding or running a business should always be
cautious with the cash flow as it helps them to look back to
their savings giving a potential chance for investments and
taking the business to the next level. Thus, having a solid
financial planning would help them analyse the personal choices

12. of the business owners on what they can be afforded when
retired. There would be multiple instances where the clients
would need a good financial planners and advisors. Therefore,
in this paper the author suggests that CPA financial advisors
would help in analysing the client’s issues in their business in-
turn helping them realize the true value of the trusted advisor in
their business acumen.
Sarbanes-Oxley Act
In the year 2002, U.S senate Paul Sarbanes of Maryland and U.S
representative Michael Oxley of Ohio co-authored this act after
realizing the series of large failures and prolonged period of
scandals of the public companies such as Tyco and Worldcom
(Slaughter,2016). This act was mainly created to help in
protecting the employees, public, entrepreneurs, shareholders
from fraudulent activities that happen in financial practices.
This act is commonly referred to as the SOX act, which helps in
financial transformation by strengthening the audit committees
performing and conducting those tests and analysis in providing
accuracy of the financial statements. This act has very strict
margins that serves in tightening the security procedures by
preventing fraudulent activities happening in the accounting
firms (Blokhin, 2019).
This complex lengthy piece of this legislation act has some
internal controls and measures that demands these public
companies to comply with the standards. This gives a two-part
effect in the market for investors. The authors of the bill intend
to protect the individual investors by giving them the
confidence in the previously broken market also by cutting short
those opportunities for those companies that are prone to exhibit
fraudulent activities (Slaughter, 2016).
Overall analysis of this SOX act pertaining to the US economy
and growth still remains a bit neutral exhibiting advantageous
and disadvantageous of the growth in US economy. In a way

13. bringing this act would help the companies to have a transparent
financial statement by keeping the business on-track while
creating a huge disadvantage to the small-scale and developing
companies when not complying with the SOX standards and the
internal control structures (Big, 2018).
References
Big, S. (2018, June 18). The Sarbanes-Oxley Act and It's Effect
on American Businesses. Retrieved from
https://myventurepad.com/the-sarbanes-oxley-act-and-its-effect-
on-american-businesses/.
Blokhin, A. (2019, January 6). The Impact of the Sarbanes-
Oxley Act of 2002. Retrieved from
https://www.investopedia.com/ask/answers/052815/what-
impact-did-sarbanesoxley-act-have-corporate-governance-
united-states.asp
Fulk, M., Watkins, K., Grable, J., & Kruger, M. (2018). Who
Changes Their Financial Planner? Journal of Financial Planning,
31(8), 48–56. Retrieved from
http://search.ebscohost.com/login.aspx?direct=true&AuthType=
sso&db=buh&AN=131004968
Kess, S., & Mendlowitz, E. (2015). Personal Financial Planning
for Business Owners. CPA Journal, 85(9), 60–61. Retrieved
from
http://search.ebscohost.com/login.aspx?direct=true&AuthType=
sso&db=buh&AN=111560210
Slaughter, J. (2016, October 26). The Impact of the Sarbanes-
Oxley Act on American Businesses. Retrieved from
https://smallbusiness.chron.com/impact-sarbanes-oxley-act-
american-businesses-1547.html.
Tabbush, V. (2018). Understanding Costs: How CBOs Can
Build Business Acumen for Future Partnerships. Generations,
42(1), 61–64. Retrieved from
http://search.ebscohost.com/login.aspx?direct=true&AuthType=
sso&db=slh&AN=129298601