The new federal law requires top executives publicly traded companies to certify the accuracy of their latest financial statements. As of Wednesday morning, CEOs and CFOs of most tech companies, including Oracle and Siebel Systems, had met their...
Putnam's proposal, seen by silicon.com's sister site CNET News.com, would extend that annual reporting requirement to include the audit that would follow standards to be set by the SEC. Currently, publicly traded companies must follow a detailed...
The law, which Congress passed in 2002 following financial scandals at Enron and WorldCom, is supposed to make corporate accounting procedures more transparent to investors and regulators. New accounting regulations, such as Sarbanes-Oxley, could...
The US Congress passed the Sarbanes-Oxley Act in 2002, aiming to counter financial scandals such as those at Enron or WorldCom, by imposing more transparency in accounting procedures. Under Section 404 of the law, publicly traded companies must...
Companies are diverting large amounts of discretionary resources to support compliance with the US Sarbanes-Oxley Act (SOX) and similar regulatory measures in other countries, it said. The poll included 326 audit, finance and IT professionals in...
Another big compliance deadline came and went in July, when non-US companies listed on US exchanges had to meet regulations of one of the most talked-about elements of the infamous Sarbanes-Oxley Act, first introduced in 2002.saw the 40th...