Sarbanes-Oxley More Than Bureaucracy

BY ALBERT L. WALLACE

Sarbanes -Oxley More Than Bureaucracy
In “ A Changing Corporate Culture ” ( JofA , Mar.04, page 57), the comment that CFOs’ and controllers’ incentive compensation plans should not be too heavily weighted toward profits and stock growth hit the mark.

Corporations need to see the Sarbanes-Oxley Act as more than just added bureaucracy—they should see it as the driving ethic in a change from greed.

Albert L. Wallace, CPA
Orange, California

Features

SPONSORED QUIZ

How well do you know small business?

There are over 30 million small businesses in the U.S., and many of them are optimistic in their outlook. Are you familiar with the obstacles and opportunities they are facing? Test your small business acumen with this quiz sponsored by Chase Ink^®.

SPONSORED REPORT

In focus: Payroll

Providing payroll services that comply with ever-changing regulations and meet evolving employee and employer demands is no easy task. Paychex's Tom Hammond discusses common payroll considerations for CPA firms.

From The Tax Adviser

From CPA Insider

Magazine