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.