Four major sources of legal liability:

1. Liability to clients

2. Liability to third parties under common law

3. Civil liability under federal securities laws

4. Criminal liability

Fully examine and present the topic

Fully compare and contrast the topic to pre and post
Sarbanes-Oxley

Fully explain the impact the topic has on accountants,
auditors, and stakeholders in a business or industry

Relate the topic to a real & likely situation in a
business or industry

Name the business or industry

The key players involved in the topic/issue

3(minimum) possible outcomes & consequences for each