Public Company Governance ?Sarbanes-Oxley Act Of 2002 And SEC, NYSE And NASDAQ Corporate Governance Rule
- Topics:
- Sarbanes Oxley Compliance
- Tags:
- Audit,
- Sarbanes-Oxley Act,
- New York Stock Exchange,
- Nasdaq Stock Market Inc.,
- Hinshaw & Culbertson,
- Financial Accounting,
- Finance,
- Corporate Law,
- Corporate Governance,
- Business Operations,
- ...
- Source:
- Hinshaw & Culbertson
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Overview: The Sarbanes-Oxley Act of 2002 came into existence on July 30, 2002. This legislation impacts corporate governance of public companies, affecting their officers and directors, their Audit Committees, their relationships with their accountants and the audit function itself. In addition, this legislation directs that a Public Company Accounting Oversight Board be established to oversee the audit of public companies that are subject to the securities laws. The SEC has proposed a number of new rules designed to improve transparency in public filings by, accelerating filing deadlines for reports on Form 10-K, 10-Q and 8-K and identifying additional events which have to be reported on Form 8-K. Following this, there is a more detailed discussion of these Act provisions and the SEC implementing rules, and the transparency rules adopted so far by the SEC and the transparency rules proposed by the SEC. In addition, there is a section discussing the NYSE corporate governance proposals, as well as a copy of NASDAQ's summary of its corporate governance proposals.
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Format: HTML | Date: Sep 2002 | Pages: 1
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