Filed in archive SOX
by leon on February 04, 2008
Another sign that the Securities and Exchange Commission is pulling back from Sarbanes-Oxley. On Friday, the SEC announced that it's giving yet another delay to the implementation of...
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by leon on January 17, 2008
With Securities and Exchange Commission chairman Christopher Cox last month announcing a one-year delay in imposing Sarbanes-Oxley Section 404 requirements for small public companies - something that...
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by leon on November 30, 2007
Earlier this month, I did a blog entry explaining why Sarbanes-Oxley was unlikely to get overhauled in the near future. Simply put, businesses and auditors are getting used to it and getting rid of...
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by leon on November 26, 2007
The supply chain is never the sexiest of topics. But it's become absolutely critical in a global economy where consumers have more power and where pressures for accountability are growing. So...
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by leon on November 16, 2007
Interesting data coming out suggests that Sarbanes-Oxley is unlikely to be overhauled. That's despite the jury still out on its effectiveness.But a study released last week by Protiviti has found...
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by leon on November 06, 2007
When Sarbanes-Oxley was introduced in 2002, it was supposed to enhance investor protection by improving the quality of information and increasing the transparency of corporations. Now a new study has...
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by leon on October 28, 2007
Hat tip to my mates at Audit Trail who have pointed out that Sarbanes-Oxley has emerged as an issue in the run-up to the presidential elections.Over in one corner, we have reports of GOP front-runner...
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by leon on October 11, 2007
Last year I raised the question: Is Sarbanes-Oxley choking innovation?. The fundamental issue here is whether SOX is encouraging inaction over action and paralysis by analysis.Added to this debate is...
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by leon on October 09, 2007
Sarbanes-Oxley has limited impact because its penalties are relatively weak when compared to other statutes, says Lisa Nicholson, Associate Professor of Law at the University of Louisville.In her...
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by leon on October 06, 2007
Will they recommend changes to Sarbanes-Oxley or not?That's the million dollar question with Treasury Secretary Hank Paulson announcing the make-up of the Treasury Advisory Committee on the...
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by leon on September 27, 2007
More than five years after the Bush administration brought in the world's toughest anti-fraud law, and Governments around the world followed suit, the latest data suggests that fraud is stronger...
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by leon on September 21, 2007
The rigorous compliance environment in the United States following Sarbanes-Oxley has turned into a real money spinner for attorneys.According to the 2007 Altman Weil Law Department Compensation...
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by leon on September 18, 2007
Just finished Dov Seidman's book How. Apart from his views on the challenges facing business today, the most fascinating parts were his insights into why imposing stronger laws like Sarbanes-Oxley...
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by leon on August 29, 2007
Over the last few months, I have done a few entries on Sarbanes-Oxley co-author Michael Oxley's life after leaving Congress. I've talked about him here, here, here , here and here.Check this...
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by leon on August 14, 2007
In the past, I have talked about how Michael Oxley cashed in on his role as Sarbox co-author. First, he joined a law firm to help companies get around the law, then he becomes Nasdaq...
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by leon on August 07, 2007
Sarbanes-Oxley compliance costs might have levelled off but other costs are increasing at a fierce rate, according to a survey released by lawyers Foley & Lardner.Costs have gone up because of...
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by leon on August 01, 2007
Sarbanes-Oxley has been slated by business, lawyers and accountants. Not without some justification.But what about the people the law was supposedly brought in to protect? According to two surveys,...
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by leon on July 17, 2007
At the beginning of the month, I did a blog entry looking at the fifth anniversary of Sarbanes-Oxley.To mark the occasion, CFO Europe has released a survey showing that three out of four US CFOs and...
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by leon on July 06, 2007
In recent months, I have looked at how Sarbanes-Oxley's co-writer Michael Oxley has joined a law firm to help companies get around Sarbox, taken on another paid gig at Nasdaq and blamed the...
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by leon on July 03, 2007
With Enron and WorldCom fading from memory and their perpetrators behind bars, the members of the Securities and Exchange Commission are being accused of tilting toward business interests and away...
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