Commission Adopts Rules Strengthening Auditor Independence

Topics:
Sarbanes Oxley Compliance
Tags:
Auditor Independence,
Sarbanes-Oxley,
Sales Force Management,
Sales,
Regulatory Compliance,
Regulations,
Policies And Procedures,
Human Resources,
Government,
Financial Accounting,
...
Source:
U.S. Securities and Exchange Commission

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Overview: The Sarbanes-Oxley Act of 2002 closely examines auditor independence and corporate governance principles in the light of financial transactions in corporations. It seeks to enhance the role of the Securities and Exchange Commission (SEC) in the process. The Act also calls for new and enhanced penalties for defaulting on any of its rulings. The paper outlines the different sections of the Act related to the aforesaid issues.

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Format: HTML | Date: Sep 2003 | Pages: 1

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