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

SPONSORED REPORT

Get your clients ready for tax season

These year-end tax planning strategies address recent tax law changes enacted to help taxpayers deal with the pandemic, such as tax credits for sick leave and family leave and new rules for retirement plan distributions, as well as techniques for putting your clients in the best possible tax position.

RESOURCES

Keeping you informed and prepared amid the coronavirus crisis

We’re gathering the latest news stories along with relevant columns, tips, podcasts, and videos on this page, along with curated items from our archives to help with uncertainty and disruption.