Recent SOX Headlines
Thursday, August 30th, 2007We peruse the Internet headlines so you don’t have to. Here are the recent headlines (and links) we felt newsworthy:
SOX rocks, says ex-Rep. Michael Oxley - "The world is following our lead," said former congressman Michael Oxley, the keynote speaker at the third annual Gartner Financial Services Technology Summit in New York yesterday.
Sarbox Peels Back The Onion - While some in the business community have ranted and raved about what was once a compliance debacle, the new regulatory environment is now becoming business as usual.
Top auditors’ median fees up by 345 per cent - In a sign of the explosion in audit activity since the passage of the Sarbanes-Oxley compliance law, the median fees earned by the world’s top auditing firms shot up by 345 per cent in the five years to 2006, a study said on Wednesday.
Survey of CFOs: SOX Compliance Too Costly - Nearly 90% of CFOs believe that the cost of compliance with Sarbanes-Oxley (SOX) outweighs the benefits, according to the latest survey from the Tillinghast business of Towers Perrin.
AFL-CIO Urges More Scrutiny of Options - Old filings could reveal illegal backdating and should include records from 34 days before and 48 hours after the Sarbanes-Oxley Act was enacted in 2002.
Take A Risk-Based Approach To Testing - Sarbanes-Oxley Section 404 Compliance - From Project to Sustainability summarizes the compliance practices of leading companies and describes how they are improving their processes in the second year of compliance as they strive toward long-term sustainability.
Posted in Regulatory Reform, Sarbanes Oxley | No Comments »
