Top expense system providers are pointing to external audits as proof of their ability to assist companies with compliance of Sarbanes-Oxley requirements. Gelco Expense Management announced May 31 ...
Just the mention of a Sarbanes-Oxley audit provokes horror stories of inordinate time spent providing evidence; complying with written policies, procedures and guidelines; and attending countless ...
In the wake of a variety of accounting scandals that cost investors billions of dollars, the Sarbanes-Oxley Act was introduced in 2002 to provide assurance about the accuracy and completeness of ...
The purpose of the Sarbanes Oxley Act is to prevent fraudulent accounting practices in publicly held corporations. Congress passed SOX in 2002 after a series of accounting scandals duped stockholders ...
Prior to SOX, the process for the selection and assessment of the independent auditor typically was controlled by management. Audit committees now play an essential role in the corporate governance ...
Auditing and internal control requirement changes approved May 23 by the Securities and Exchange Commission are expected to ease some of the financial burdens associated with the Sarbanes-Oxley Act, ...
Sarbanes-Oxley is the most sweeping legislation to affect publicly traded companies since the reforms during the Great Depression. CIOs should follow Gartner’s four-phase approach to meet compliance ...
In recent years, the big auditing firms have become incredibly profitable by providing a wide range of nonaudit services to their public company audit clients. Critics of the industry believe that the ...