The Sarbanes-Oxley Act of 2002
- Topics:
- Sarbanes Oxley Compliance
- Tags:
- Audit,
- Sarbanes-Oxley Act,
- Sarbanes-Oxley,
- Regulatory Compliance,
- Regulations,
- Policies And Procedures,
- Independence,
- Human Resources,
- Government,
- Financial Accounting,
- ...
- Source:
- Seyfarth Shaw
FREE Registration is required
Overview: The Sarbanes-Oxley act primarily is intended to address fraud in financial reporting and lack of oversight by the self-interested senior corporate management. Although many uncertainties remain regarding the act’s implementation and eventual impact on corporate governance and liability, the act embodies an unprecedented effort to impose federal securities regulation on inner working of corporate America. This article provides background on the changes mandated by the Act in four significant areas: CEO liability, audit committee independence, corporate whistleblowers and auditor’s independence. All these have been discussed in detail in the article.
(Is this item miscategorized? Does it need more tags? Let us know.)
Format: PDF | Size: 91KB | Date: Jul 2002 | Pages: 4
