Personal loans to company executives like the one granted to Belluzzo became illegal on 30 July under the Sarbanes-Oxley Act, following several high-profile accounting and corporate governance scandals.
Public companies must certify their compliance with a key section of the Sarbanes-Oxley Act when they close this year's books, noted JMP Securities analyst Patrick Walravens. New accounting regulations, such as Sarbanes-Oxley, could spell trouble...
A section of the Sarbanes-Oxley Act took effect on Monday, part of new accounting regulations that promise to be a multimillion-dollar bonanza for security companies. The US Congress passed the Sarbanes-Oxley Act in 2002, aiming to counter...
Reyes noted the importance of establishing better protective measures but said Google's efforts to comply with Section 404 of Sarbanes-Oxley have become increasingly expensive. Predictably, the issues most frequently touched on were related to the...
Last week, a key section of Sarbanes-Oxley kicked in, turning up the heat. That's because the regulations laid down in the Sarbanes-Oxley Act and other laws hold executives' feet to the fire, making them responsible for signing off on the accuracy...
The date is an extension of the original deadline of 15 July, 2005, set by the US Securities and Exchange Commission (SEC). The [US] SEC "takes a serious view" of non-compliance, and such a situation would also "cause investors to lose faith" in...