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Results for oxley deterrent. Search took 0.69 seconds.
Ready for the fight: PCAOB seeks a bigger handout
in Sox First, on December 6, 2009
...y Accounting Oversight Board (PCAOB) is constitutional. If the case gets up, it could end Sarbanes Oxley. But the PCAOB seems confident it will survive and with it, Sarbanes Oxley. That explains why...
Sarbanes Oxley on trial
in Sox First, on December 4, 2009
...mazing that seven years after it was signed into law, people are still pushing to wipe out Sarbanes-Oxley. On Monday next week, the Supremes will hear arguments that seek to dismantle Sarbox by wiping...
Sarbox Lite or the end of Sarbanes-Oxley?
in Sox First, on November 25, 2009
...nificantly, a Democratic-controlled House pushed through changes that in effect neutralize Sarbanes-Oxley, the legislation that had been put there to protect investors. Sarbanes-Oxley had passed, almo...
Obama dismantles post-Enron reforms
in Sox First, on November 5, 2009
...s Democrats to let small public companies worth less than $75 million avoid complying with Sarbanes-Oxley. And now the House Financial Services Committee voted 37-32 to do just that. And it's a pe...
Emanuel presses for another Sarbanes-Oxley exemption
in Sox First, on November 3, 2009
...like small public companies will get another stay of execution from forced compliance with Sarbanes-Oxley. Bloomberg reports that Obama's chief of staff Rahm Emanuel wants Democrats to spare, yet a...
Seen that? - Warning From a Student of Democracy's Collapse
in P2P File Sharing, on October 31, 2009
...m Thomas A. Basilo, chairman & CEO of WithumSmith+Brown Global Assurance in the latest Sarbanes-Oxley Compliance Journal.Basilo warns that the report from the SEC subcommittee recommending exempti...
Is the US ready for IFRS?
in Sox First, on October 20, 2009
...itled to be suspicious. After all, they were reassured the costs of costs of converting to Sarbanes-Oxley would be minimal. ...
No autographs, say auditors
in Sox First, on October 18, 2009
...mprove the quality of all of their engagement partners." The PCAOB says it's in line with Sarbanes Oxley where the company's top honchos have to certify that the accounts are fair and true. But as ...
Accounting change to boost Apple profits
in Sox First, on September 17, 2009
...r iPhone users free software updates but according to the accounting rules relating to the Sarbanes-Oxley Act, items that gain significant new functionality after the sale-due to a firmware update, fo...
Accounting fee growth slows
in Sox First, on August 18, 2009
...rnings were down 8%. With so many companies going belly up or winding back, there was less Sarbanes-Oxley work to do and less internal audit. Still, that's not shabby. They were still pulling in m...
Safe Harbor Seafoods and Grilled Tuna Zucchini Pasta and Artichoke Sauce
in Do you like to cook?, on July 28, 2009
... Buying fish is tricky nowadays and the thought of mercury poisoning is enough of a deterrent to eating fish. Unless, you get those with the Safe Harbor certification.
Damon Stainbrook, former s...
First SOX clawback
in Sox First, on July 26, 2009
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Section 304 of the Sarbanes-Oxley Act requires chief financial officers and chief executive officers to reimburse the company bonuses and stock profits following a fraud. The rationale behind th...
Paulson, Goldman Sachs and the four tiers of US Government
in Sox First, on July 18, 2009
...ot; he said. Let's get this straight. US corporations have been forced to comply with Sarbanes-Oxley which is ostensibly designed to give shareholders as much information as possible. But in thes...
Carbon market bonanza for accountants
in Sox First, on July 10, 2009
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First it was Sarbanes-Oxley. Now it looks like accountants will find that carbon trading a license to print money. Earlier this week, we had reports that the Big Four accounting firms are beefin...
Madoff gets the max! What now?
in Sox First, on June 30, 2009
..., the SEC should be brought to account for the suffering it has caused? And will his sentence be a deterrent? One would imagine that Allen Stanford might be a worried man today, assuming he is found ...
PCAOB chairman Mark Olson quits. What now for Sarbanes-Oxley?
in Sox First, on June 9, 2009
...e if the court rules that the PCAOB is not constitutional, it could result in a rethink of Sarbanes-Oxley. Another explanation might be that Olson was appointed by former Securities and Exchange Comm...
More on the Satyam-PWC scandal
in Sox First, on May 27, 2009
... governments around the world tightening their corporate governance regimes with laws like Sarbanes-Oxley. But nothing will be fixed until the issue of auditor independence and integrity is addressed...
24 - 6:00 AM - 7:00 AM / 7:00 AM - 8:00 AM
in Wangtam, on 2009-05-20
...O Market!
• Firefox.next: Tabs on the side?
• Harvard prof tells judge that P2P filesharing is "fair use"
• Google Searches for Staffing Answers
• Livestream
• Glympse: A Hassle An...
Why stricter laws won't work
in Sox First, on May 13, 2009
...e is a need for regulation, but not too much. He warns that the experience in America with Sarbanes-Oxley showed that harsh laws could backfire and produce something far worse. Over-regulation stops p...
SOX and complacency
in Sox First, on May 5, 2009
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Has Sarbanes Oxley lulled us into complacency and a false sense of security? That's the suggestion from Georgetown University law professor Ethan S Burger in this piece Today's Financi...
IPOs: don't blame Sarbox
in Sox First, on April 15, 2009
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Extraordinary that the debate about the impact of Sarbanes Oxley on IPOs still continues almost seven years after it was introduced. Particularly in this economic climate. Last week, The Wall St...
Detroit's Beauty on the Lawns of a Mansion built by Matilda Dodge Wilson. Yes, that Dodge
in Classical Drives, on April 2, 2009
...motorcycles. The Birmingham driving Tour will visit the Birmingham/Bloomfield Hills area. One major deterrent from buying classic vehicles like these is the cost of car or bike insurance ...
Costs of IFRS conversion
in Sox First, on April 1, 2009
...But as the piece points out, it could end up costing a lot more, echoing the experience of Sarbanes-Oxley when the costs of transition blew out more than anyone expected. Just another sign that the U...
RFID to Thieves: Just stay away from Saguaros
in The RFID Weblog, on March 13, 2009
... could be easily tracked and might get caught by the law. This aspect is certainly acting as a huge deterrent for thieves as of now. There has already been a case where a man walked off with more than...
Does Sarbanes-Oxley mean audit offshoring?
in Sox First, on February 2, 2009
...e fees that comes from the the increased reporting and compliance requirements mandated by Sarbanes-Oxley. But as the report says, it's fraught with dangers. Sure, clients would welcome a reductio...
Sarbanes-Oxley: It's crunch time for small companies
in Sox First, on January 29, 2009
...irwoman Mary Schapiro says she wants small public businesses to start complying with the Sarbanes-Oxley Act requirement that companies' internal controls be audited to ensure that their financia...
Finally Papua province realizes that its condoms and not RFID which can prevent spread of AIDS
in The RFID Weblog, on December 29, 2008
... be implanted with microchips so that a watch on their sexual behavior could be kept and act as a deterrent to spread infections to others but this step had invoked criticism from various sections o...
Fixing broken boards
in Sox First, on December 8, 2008
...t if companies don't fix it, the Government will fix it for them with a new version of Sarbanes-Oxley. "The Enron case resulted in the rushed passage of Sarbanes-Oxley legislation, a process ...
Sox First birthday
in Sox First, on November 21, 2008
...ersary of Sox First. Three years ago, I was invited to write about ethics, governance and Sarbanes-Oxley. Being an Australian, the irony was not lost on me. Since then, I've had an absolute ball...
Sarbanes-Oxley and foreign firms
in Sox First, on October 3, 2008
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For many years now, we have had an ongoing debate about whether Sarbanes-Oxley is forcing foreign companies to quit US equity markets. Now we have a new study Why do foreign firms leave U.S. equ...
Missing earnings targets: career consequences
in Sox First, on September 30, 2008
... higher probability of being forced out. And their position is more precarious in the post Sarbanes-Oxley environment. The paper says: "Interestingly, most of these career penalties for miss...
Big Four plan to axe staff
in Sox First, on September 11, 2008
...f the slowdown in the economy, and more companies adjusting to the rigors and processes of Sarbanes-Oxley, reports Compliance Week . Actually, when you read the piece you will see that Deloitte is t...
Small companies give SOX delays the ostrich treatment
in Sox First, on September 11, 2008
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Time and time again, the deadline for smaller companies to comply with Sarbanes-Oxley has been pushed back. Now there's a new study that might leave you asking one question: what's the poi...
Ethics code copies
in Sox First, on September 4, 2008
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Under Section 406 of the sarbanes -Oxley Act, all public companies are required to disclose whether they have adopted a code of ethics for principal executive, financial, and accounting officer...
Lawyers take to boardrooms
in Sox First, on August 28, 2008
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We have talked many times about how Sarbanes-Oxley has turned into a goldmine for accountants. The other lot that's made big gains are the lawyers. Sarbanes-Oxley means we're now seeing m...
Court upholds Sarbanes-Oxley
in Sox First, on August 25, 2008
... Court of Appeals for the District of Columbia Circuit has upheld the constitutionality of Sarbanes-Oxley, and in particular the Public Company Accounting Oversight Board. You can read the ruling her...
Why firms left the US market
in Sox First, on August 14, 2008
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It's often claimed that some firms delisted from the US market because of Sarbanes-Oxley. But a new study says that's not true. The Fisher College of Business study, Why do foreign fir...
Chinese IPOs - From Riches Back to Rags in New York
in China Venture News, on August 2, 2008
... so quickly? A number of factors seem to be involved - from the bears on the market to the Sarbanes-Oxley corporate governance law. You can read the details at PE Hub .
© AlixanaEuphoria
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Carl Icahn and SOX
in Sox First, on July 31, 2008
... be biting off more than he can chew because he will be confronted with the constraints of Sarbanes-Oxley.
"He will exercise his fiduciary duty to represent all of the shareholders and use his ...
Are audit fees slowing
in Sox First, on July 30, 2008
... cent reduction. Compliance Week editor in chief Matt Kelly says the growing pains of Sarbanes-Oxley are well and truly over but these numbers are still miniscule. It might be the first decrease ...
PCAOB to get smashed?
in Sox First, on July 16, 2008
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The Public Company Accounting Oversight Board, the centerpiece of the sarbanes-oxley legislation , is under serious legal threat, reports Bloomberg's Jane Bryant Quinn . The legal chal...
Trouble handling risk
in Sox First, on July 3, 2008
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When Sarbanes-Oxley was introduced nearly six years ago, it was supposed to improve the way audit committees and companies handled risk. Think again. Most companies are struggling to deal with ri...
Sarbanes-Oxley boosts shredding business
in Sox First, on July 2, 2008
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Plenty has been written about Sarbanes-Oxley being a licence to print money for accountants. But it's also done wonderful things for the shredding business, according to this news repo...
Clueless about XBRL
in Sox First, on July 2, 2008
...er the implementation of XBRL will be another compliance headache for companies, kind of a Sarbanes-Oxley revisisted. Compliance Week editor Matt Kelly says XBRL has two problems. "First, compa...
BAE vows to clean up
in Sox First, on June 30, 2008
...prospect of getting these sorts of deals up will not improve its reputation. Won't be much of a deterrent either....
No SOX relief in sight
in Sox First, on June 24, 2008
...ler companies another year stay of grace before complying with the audit requirements of Sarbanes-Oxley. But don't take that as a sign that the lawmakers will start rolling SOX back. The smart ...
CEOs hate SOX
in Sox First, on June 23, 2008
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It's hardly news but almost six years on, and corporate America still hates Sarbanes-Oxley. According to the National Survey of CEOs on Business Ethics, by Georgia State's Center for Ethi...
CFOs' road to the top
in Sox First, on June 2, 2008
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Everyone knows that Sarbanes-Oxley has been a gold-mine for accountants. Now we have new evidence that it's also done a lot of good for chief financial officers. According to a study, finance...
SOX and CFO exits
in Sox First, on May 30, 2008
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Tough being a chief financial officer these days, post-Sarbanes-Oxley. It seems that CFOs of firms that have had to restate their numbers are more likely to be shown the door and a university o...
Tomorrow's hot job: compliance officers
in Sox First, on May 28, 2008
... to contend with Bank Secrecy Act and anti-money laundering provisions. Then there are the Sarbanes-Oxley rules, and Red Flag guidelines issued by the Federal Trade Commission and the federal fina...
Auditors, independence and distance
in Sox First, on May 21, 2008
...that the market share of public clients by non-Big 4 auditors has grown dramatically since Sarbanes-Oxley. What's the reason? The authors have an interesting explanation, pointing to the old Chin...
Accounting degrees rise 19 per cent
in Sox First, on May 6, 2008
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I have always talked about Sarbanes-Oxley being a gold-mine for accountants. So big a gold-mine that accountants seem to be recession-proof . That might explain the latest data showing that acco...
Directors' pay heads north
in Sox First, on May 5, 2008
...rs a year, compared to 150 hours previously. Much of this is also because of the impact of Sarbanes-Oxley. Just ask anyone who now serves on an audit committee. There are also claims that there is a ...
Average 2007 SOX compliance bill: $1.7 Million
in Sox First, on May 2, 2008
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Average compliance with Sarbanes-Oxley has now hit $1.7 million for big companies with average annual revenues of $4.7 billion. And while compliance costs are actually slipping, that hasn't st...
The business of corruption
in Sox First, on April 29, 2008
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Call it the Sarbanes-Oxley effect. With Westinghouse Air Brake Technologies Corporation, Flowserve Corporation and AB Volvo coming to grief over the Foreign Corrupt Practices Act - that's thr...
More than full disclosure
in Sox First, on April 26, 2008
...ed full disclosure is enough will be debated. Writing in Compliance Week , Thompson says Sarbanes-Oxley does not go far enough and companies need to do more. "In the wake of Sarbanes-Oxley, man...
PCAOB and the new independence rule
in Sox First, on April 20, 2008
...points, any finding against the PCAOB's constitutionality would strike at the heart of Sarbanes-Oxley....
Send Wesley Snipes to jail: prosecutors
in Sox First, on April 16, 2008
...the criminal tax scofflaw must be commensurate with the gravity of the offense, and should act as a deterrent to other potential violators. This case cries out for the statutory maximum term of impris...
SOX and backdating
in Sox First, on April 11, 2008
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Much has been said about Sarbanes-Oxley stopping backdating. But is that true? Has it actually improved corporate governance? Under Sarbanes-Oxley, all high-level executive stock option grants an...
SOX-related boardroom changes and share price
in Sox First, on April 2, 2008
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After the US Congress passed the Sarbanes-Oxley Act in 2002, US companies were forced to overhaul their systems of corporate governance. A Raft of changes were introduced. Auditors were requir...
Biovail's fraud and SOX
in Sox First, on March 28, 2008
... bad fraud charges makes fascinating reading. And it's a lesson for anyone who thought Sarbanes-Oxley was going to stop fraud. It also tells us that the SEC is one big lumbering and slow-moving en...
What's caused the explosion in restatements?
in Sox First, on March 22, 2008
...he original standard." The study is significant in light of claims by the critics of Sarbanes-Oxley that SOX-driven accounting complexity is driving the restatements. Instead, the study points t...
SOX and the Bear deal
in Sox First, on March 19, 2008
...uality has found that most audit committee members believe audit quality is superior post-Sarbanes Oxley. According to the survey, 53 percent of the audit committee members said overall audit quality...
Subprime's parallels with Enron and WorldCom: Michael Oxley and Paul Sarbanes
in Sox First, on March 16, 2008
.... In an interview with the Indian media , they say what's needed is more regulation. Sarbanes-Oxley-style. "One of the tenets of our Act was transparency. Clearly, one of the problems with...
No reduction in Section 404 controls
in Sox First, on March 5, 2008
...educe over time. No matter how long companies have to get used to it. Now five years into Sarbanes-Oxley and it looks like those concerns are justified. A new survey of 300 companies published in Co...
SEC-PCAOB arm wrestle
in Sox First, on February 27, 2008
...rs. Clearly, the powers that be were on a mission to undermine the spirit and intention of Sarbanes-Oxley. More to the point, it raises serious questions whether the SEC and PCAOB can work together t...
Interview with Brett Curran from Axentis
in Sox First, on February 22, 2008
...truggling with compliance and what they needed to do. Here is the interview. SOX FIRST: Sarbanes-Oxley has increased the compliance workload. Now with the losses coming in from subprime, regulators...
Bad apples and bad trees
in Sox First, on February 20, 2008
...bility. In addition, a clear, transparent standard for criminal liability produces a more efficient deterrent mechanism. The threat of liability in these circumstances can cause firms to engage in cum...
Are accountants recession-proof?
in Sox First, on February 20, 2008
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I have always talked about how Sarbanes-Oxley has turned out to be a licence to print money for accountants. The last time I did that was here . The question is whether that would continue if or w...
Société Générale fallout: who's next?
in Sox First, on February 19, 2008
...systems to eliminate controls that would have blocked his massive bets, reports the Sarbanes-Oxley Compliance Journal . And other organizations are just as vulnerable. "The bottom line is that t...
