The Sarbanes-Oxley Act implementation, significance, and impact

Cover of: The Sarbanes-Oxley Act |

Published by Nova Science Publishers in New York .

Written in English

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  • United States.,
  • Corporations -- Accounting -- Law and legislation -- United States.,
  • Financial statements -- Law and legislation -- United States.,
  • Directors of corporations -- Legal status, laws, etc. -- United States.,
  • Disclosure of information -- Law and legislation -- United States.,
  • Corporate governance -- Law and legislation -- United States.

Edition Notes

Includes bibliographical references and index.

Book details

StatementWilma H. Fletcher and Theodore N. Plette, editor.
ContributionsFletcher, Wilma H., Plette, Theodore N.
LC ClassificationsKF1446 .S234 2008
The Physical Object
Paginationxii, 156 p. :
Number of Pages156
ID Numbers
Open LibraryOL18818797M
ISBN 109781604560879
LC Control Number2007042950

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Designed to be "a cure for the Sarbanes-Oxley headache and common fraud," Manager's Guide to the Sarbanes-Oxley Act introduces the groundbreaking and practical "Control Smart" approach that not only meets the requirements of Sarbanes-Oxley, but also alerts you if operational controls stop working or are otherwise by: This book describes in a practical and concise manner the complexity of Sarbanes-Oxley Act for non-financial managers and directors, and gives a pathway model to.

The Sarbanes-Oxley Act has been somewhat successful, but not completely and the cost (well over a trillion dollars) might be considered too high a price to pay for the gains. This book takes a hard look at the costs, benefits and other impacts as well as at what influential and prominent financial, government and business leaders think about it Book Edition: 1.

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The Sarbanes-Oxley Act was the most significant legislation to emerge in response to the corporate governance failures at the start of the 21st century. On this page members can access a selection of resources on the Sarbanes-Oxley Act including articles and books that look at its impact and suggest The Sarbanes-Oxley Act book steps to tackle compliance.

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This book takes a hard look at the costs, benefits and other impacts as well as at what influential and prominent financial, government and business leaders think about it. The Sarbanes-Oxley Act of is a federal law that established sweeping auditing and financial regulations for public companies.

Lawmakers created the legislation to help protect shareholders, employees and the public from accounting errors and fraudulent financial practices. The Sarbanes-Oxley Act of is a complex and lengthy piece of legislation.

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Questions and answers in the book focus on the interaction between the. The Sarbanes-Oxley Act is a U.S. law that encourages transparency in financial reporting and corporate governance in public companies with the intention to protect investors and the public against corporate financial fraud and mismanagement.

The law, also known as SOX or Sarbox, closes loopholes in accounting practices that in the past. The Sarbanes-Oxley Act of (often shortened to SOX and named for its sponsors Senator Paul Sarbanes and Representative Michael G. Oxley) is a law that was passed in response to the financial scandals such as Enron and WorldCom.

The law establishes new, stricter standards for all US publicly traded companies. In response to a loss of confidence among American investors reminiscent of the Great Depression, President George W. Bush signed the Sarbanes-Oxley Act into law on J SOX, as the law was quickly dubbed, is intended to ensure the reliability of publicly reported financial information and bolster confidence in U.S.

capital markets. Guy P. Lander is an attorney with Davies Ward Phillips & Vineberg. A frequent speaker on the Sarbanes-Oxley Act, Lander is the author of several successful law books and former chairman of both the Committee on Securities Regulation and the Business Law Author: Guy Lander.

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"There are many guides to complying with Sarbanes-Oxley yet this text is the first I have seen that provides accounts payable departments with a game plan, both from a mile-high and an in-the.

The Sarbanes-Oxley Act was signed into law on 30 July by President Bush. The Act is designed to oversee the financial reporting landscape for finance professionals. Its purpose is to review legislative audit requirements and to protect investors by improving the accuracy and reliability of.

The Sarbanes-oxley act (SOX) became law in 40 “The Act mandated a number of reforms to enhance corporate responsibility, enhance financial disclosures and combat corporate and accounting fraud, and created the ‘Public Company Accounting Oversight Board,’ also known as the PCAOB, to oversee the activities of the auditing profession.” 41 Although SOX doesn’t use the term social.

The Sarbanes-Oxley Act (SOX) is a law passed in that sets forth standards for the recording and reporting of financial activities. A key part of that law involves record retention. Businesses must retain their records for set periods of time (and in some cases permanently, depending on the type of record) in order to be compliant with SOX.

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This book will also demonstrate by example and technical reference both the infrastructure components for Open Source that can be made compliant, and. Overview of the Sarbanes-Oxley Act Words | 4 Pages Sarbanes-Oxley Act Introduction The Sarbanes-Oxley Act was signed into law on Jby President George W.

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This is a detailed summary of all the Sarbanes-Oxley Act itself. but in plain English. It covers all the important sections, and even includes a set of definitions. It should provide substantial assistance in understanding the main features and requirements, and is an excellent starting point for all.

Sarbanes-Oxley Act: Planning & Compliance provides practical, step-by-step guidance to help you navigate the Sarbanes-Oxley maze and ensure compliance. This unique and invaluable compendium: Reflects the current body of SEC rules, regulations and interpretations, PCAOB rules and standards, and Sarbanes-Oxley related court decisions.

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