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The Impact of the Sarbanes Oxley Act of 2002

The Impact of the Sarbanes Oxley Act of 2002
Author: Tracy Dickinson
Publisher:
Total Pages: 170
Release: 2006
Genre:
ISBN:

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Sarbanes Oxley is a familiar expression to those in the business world because it changed the way t h a t business is conducted today. When one hears these words, the thought of what is Sarbanes Oxley and what does it mean, probably comes to mind. Sarbanes Oxley is one name by which the Sarbanes Oxley Act of 2002, is referred. The law was signed under President George W. Bush to help prevent future accounting scandals from occurring in publicly traded companies and placed many more responsibilities on those working in the business world. Since Sarbanes Oxley's implementation three years ago, it is time to reassess this law by asking what are the positive and negative effects of the law on businesses.


The Sarbanes-Oxley Act

The Sarbanes-Oxley Act
Author: Michael F. Holt
Publisher: Butterworth-Heinemann
Total Pages: 219
Release: 2007-11-16
Genre: Business & Economics
ISBN: 0080554601

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The Sarbannes-Oxley Act (SOX) is a mandatory requirement for all listed corporations in the US, whether foreign or not. Compliance is not an option. Other countries are developing similar legislation so the books value is international in scope. SOX is a hot topic and the effects are just beginning to be felt world-wide. This new book goes beyond the implementation phase of SOX and looks at the reaction to the Act in terms of costs, benefits and business impacts. This book is for Senior Managers in the Business and Financial/Accounting Communities who want/need to know what the reaction of business and government is to the SOX legislation, what it is costing and how the effects are penetrating through the business environment. Mike Holt presents a comprehensive review of the impact that Sarbanes-Oxley legislation has had on business, the financial community, governments and the public since its inception in 2002. 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 now. * International in scope and content and including interviews with prominent business leaders, CEOs and CFOs of large and small corporations. * Compliance with The Sarbanes-Oxley Act is now mandatory for every listed US corporation and overseas corporations listed on US stock markets. * Covers the reaction of business and government to this legislation, what it is costing and how the effects are penetrating through the business environment.


The Sarbanes-Oxley Act

The Sarbanes-Oxley Act
Author: Wilma H. Fletcher
Publisher: Nova Publishers
Total Pages: 176
Release: 2008
Genre: Business & Economics
ISBN: 9781604560879

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The Sarbanes-Oxley Act of 2002, PL 107-204 described by some as the most important and far-reaching securities legislation since passage of the Securities Act of 1933, 15 USC §§ 77a et seq, and the Securities Exchange Act of 1934, 15 USC §§ 78a et seq, both of which were passed in the wake of the Stock Market Crash of 1929. The Act establishes a new Public Company Accounting Oversight Board which is to be supervised by the Securities and Exchange Commission. The Act restricts accounting firms from performing a number of other services for the companies which they audit. The Act also requires new disclosures for public companies and the officers and directors of those companies. Among the other issues affected by the new legislation are securities fraud, criminal and civil penalties for violating the securities laws and other laws, blackouts for insider trades of pension fund shares, and protections for corporate whistleblowers. This book contains important analyses on the impact of this Act.


In the Name of Entrepreneurship?

In the Name of Entrepreneurship?
Author: Susan M. Gates
Publisher: Rand Corporation
Total Pages: 369
Release: 2007-11-21
Genre: Law
ISBN: 0833043951

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What are the differential effects of regulation and policy on small businesses? What is the impact of special regulatory treatment for small businesses? This book sheds light on these issues through analysis of the regulatory and public policy environment with regard to small businesses, including focused studies in four key areas: health insurance, workplace safety, corporate governance, and business organization.