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Compliance: Eight Years of Sarbanes-Oxley
It’s been eight years now since the Senate merged their “Public Company Accounting Reform and Investor Protection Act” with the House’s “Corporate and Auditing Accountability and Responsibility Act”. The combined version is what we now know as the Sarbanes-Oxley…
Sarbanes-Oxley: After Eight Years, Companies are Still Struggling
Sarbanes-Oxley has been with us nearly eight years now, but despite the time to implement a strategy, plus additional clarifications by the SEC around what really is required, companies still struggle with their compliance programs. About three-quarters of senior level…
Sarbanes-Oxley: Fourth and Final Extension
Sarbanes-Oxley was enacted in 2002, and since then small businesses have not let up in their complaints that the requirements were too costly and onerous for them to be able to comply with. The SEC has four times extended the…
Compliance: New (and Tougher) Direction at the SEC
Mary Shapiro has been selected to lead the SEC in the Obama administration. Expect Shapiro’s approach to be a dramatic departure from Christopher Cox’s tenure in the Bush administration. Shapiro has made clear that she intends to deviate from the…
Compliance: What's Next?
IT is beginning to brace from the fallout of the finance crisis. Many analysts and industry experts are predicting that 2009 will be a year of increased global governmental regulations. Sarbanes-Oxley was a huge pain point, but the pain is…