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Hottest Selling sarbanes oxley Products Sarbanes Oxley Overview The Sarbanes-Oxley Act created one of the most sweeping revisions of the federal securities laws in the last 60 years. Sarbanes-Oxley created a significant, new oversight and regulatory regime over the public accounting industry and imposed many important and potentially far-reaching reforms in company governance and disclosure requirements. The collapse of Enron and the bankruptcies of several major telecoms companies, including Global Crossing and WorldCom, prompted intense scrutiny of corporate financial disclosures. The level of scrutiny was already high because of the publicity surrounding the numerous failures of Arthur Andersen LLP to detect major fraud in corporate audits, leading to the collapse of one of the world's leading auditing firms. The provisions of Sarbanes Oxley mean that US companies and companies with US listings have a legal requirement to demonstrate they have effective systems of internal control and financial reporting. The objective of the legislation is for greater transparency and enhanced financial reporting disclosures and measures to combat corporate and accounting fraud. It is essential therefore that a thorough understanding is obtained of the requirements of this new legislation. This website aims to provide a simple to understand overview of the key aspects of the new regulations and the corresponding implications for companies, providing links to useful resources to assist in complying with the new requirements. Articles on sarbanes oxley:
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