Will the SEC Embrace a Softer Sarbanes-Oxley?


NULL


When the Sarbanes-Oxley (SOX) Act was signed into law in 2002, its goal was to protect investors through increased disclosure and tougher internal controls in the wake of accounting frauds at Enron, WorldCom and other U.S. companies. But on April 4, 2007, the Securities and Exchange Commission announced it will revisit some of SOX's rules. The primary focus will be the financial costs of Section 404, which requires auditors of most publicly listed companies to verify the effectiveness of internal procedures for financial reporting. Knowledge@Wharton asked accounting experts for their opinions on possible SOX revisions. Read the article>>




This Will the SEC Embrace a Softer Sarbanes-Oxley? has been accessed 7 times.
Must Login To Download


Signup for Thought Leader

Get the latest IT management thought leadership delivered to your mailbox.

Mailchimp Signup (Short)

Join The Largest Global Network of CIOs!

Over 75,000 of your peers have begun their journey to CIO 3.0 Are you ready to start yours?
Mailchimp Signup (Short)