Journal of Accountancy Large Logo

Search Results

SOX 404

Sort by: Show:
Page  1 | 2 | 3

1. SOX compliance costs rise for many companies, report finds   WebExclusive

BY Ken Tysiac
New developments associated with the Sarbanes-Oxley Act of 2002 (SOX) have companies changing their compliance processes more than a decade after the law was enacted, according to a new survey report. Organizations reporting rises in SOX compliance costs and external audit fees in 2012 vastly outnumbered those reporting decreases, according to global consulting firm Protiviti’s 2013 Sarbanes-Oxley Compliance Survey report.

2. How audit committees can meet risk management oversight challenges   WebExclusive

BY Ken Tysiac
Risk management oversight is one of the most challenging areas for audit committees across the globe, according to a new report issued Tuesday by the Center for Audit Quality (CAQ), the Federation of European Accountants (FEE), and the Institute of Chartered Accountants in Australia (ICAA). The report summarizes the results of round-table discussions in Brussels, Hong Kong, and New York City.

3. New tool aids in evaluation of external auditors   WebExclusive

BY Ken Tysiac
With interactions between audit committees and external auditors a focus of a steady stream of news recently, a new tool has been developed to assist audit committees in annual evaluations of external auditors. The Center for Audit Quality (CAQ), which is affiliated with the AICPA, is one of seven organizations that helped develop the tool.

4. Lawmakers reflect on Sarbanes-Oxley’s effect on corporate culture   WebExclusive

BY Neil Amato
Former U.S. Sen. Paul Sarbanes and former U.S. Rep. Michael Oxley say the regulations they sponsored and saw signed into law a decade ago are not perfect, but led to changes in the corporate culture in the United States and abroad. Sarbanes, a Maryland Democrat, and Oxley, an Ohio Republican, took part in a conversation Monday to mark the 10th anniversary of the Sarbanes-Oxley Act (SOX), which in part enhanced standards for internal controls over financial reporting in the wake of several corporate scandals in the early 2000s.

5. SOX’s anniversary marked with congressional debate on benefits and costs   WebExclusive

BY Ken Tysiac
A U.S. House of Representatives subcommittee on Thursday debated the benefits and costs of the Sarbanes-Oxley Act of 2002 (SOX)—and a bill that would decrease its scope—as the corporate governance law approached its 10th anniversary. The House Subcommittee on Capital Markets and Government Sponsored Enterprises heard sharply divided opinions from representatives, business leaders, and academics who discussed the bill that President George W.

6. Corporate governance best practices 10 years after SOX   CPEDirect

BY Ken Tysiac
You could hardly go to a Washington hearing related to an accounting or auditing issue this spring without someone singing the praises of the Sarbanes-Oxley Act of 2002 (SOX). At a House subcommittee meeting on accounting and auditing oversight, House Financial Services Committee Chairman Spencer Bachus, R-Ala., said SOX has been successful in preventing some of the challenges it was created to address.

7. Updated COSO framework will help audit committees comply with SOX  

BY Stephen G. Austin
The compliance revolution after the passage of the Sarbanes-Oxley Act of 2002 (SOX) was accomplished in large part with the help of the internal control framework of the Committee of Sponsoring Organizations of the Treadway Commission (COSO). COSO’s framework became part of a worldwide movement to enhance periodic accounting and reporting of financial results.

8. Highlights of Corporate Governance Research   CPEDirect

BY Cynthia E. Bolt-Lee, CPA, David B. Farber, Ph.D. and Stephen R. Moehrle, CPA, Ph.D.
Several corporate governance developments have occurred in the wake of the high-profile scandals of the past decade. Some of these developments are motivated by legislation such as the Sarbanes-Oxley Act of 2002 (SOX). Others are best practices enhancements intended to shore up investor confidence. Academic research has monitored these developments.

9. PCAOB, SEC to Meet With Chinese Officials on Auditing Oversight   WebExclusive

The PCAOB said Wednesday that a joint PCAOB-SEC delegation will meet next week in Beijing with representatives of China’s Ministry of Finance and the China Securities Regulatory Commission (CSRC) to discuss issues relating to auditing oversight. “This meeting is the commencement of our accelerated efforts with the People’s Republic of China to forge a cooperative resolution to cross-border auditing oversight,” PCAOB Chairman James Doty said in a news release.

10. Financial Regulatory Reform: What You Need to Know  

BY Matthew G. Lamoreaux
The Dodd-Frank Wall Street Reform and Consumer Protection Act, which became law in July, will create new regulations for companies that extend credit to consumers, exempt small public companies from Sarbanes-Oxley section 404(b), make auditors of broker-dealers subject to PCAOB regulation and change registration requirements for investment advisers.
Page  1 | 2 | 3
CPE Direct articles Web-exclusive content
AICPA Logo Copyright © 2013 American Institute of Certified Public Accountants. All rights reserved.
Reliable. Resourceful. Respected. (Tagline)