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The first three years after the enactment of Sarbanes-Oxley were painful and expensive ones, but the pain seems to be easing. Grappling with what it all meant and paying to build the infrastructure to support the requirements wasn’t easy in…
While corportate America is strugging to come to terms with an alphabet soup of compliance regulations like SOX, HIPAA, GLBA and FISMA, agencies in the US government aren’t faring much better. In a recent review of four of the largest…
Regulatory compliance has hit hard not just the white-collar world of corporate finance and financial services but also manufacturing. In particular there are now numerous guidelines and requirements around handling and tracking of hazardous materials contained in new products. Manufacturers…
The cost to transfer financial data could drop dramatically later this year should a new data specification be approved by the Securities Exchange Commission (SEC). It’s called the Extensible Business Reporting Language (XBRL) US Generally Accepted Accounting Principles GAAP Taxonomies,…
After many cries from small companies, the SEC has decided to delay for one more year the requirement of smaller companies under section 404(b) of Sarbanes-Oxley to have have auditor attestation. Smaller companies now will not need to comply until…