Sarbanes Oxley Impact
by admin on Friday, June 1st, 2007 | Comments Off
sarbanes oxley impact
Who does Sarbanes-Oxley impact?
It is supposed to make businesses more
accountable to their shareholders and the
Securities and Exchange Commission.
However, it adds a LOT of paperwork
and that costs labor which costs money
which is passed on to the consumer,
i.e. YOU.
So, the question is does it save more
money by preventing crime than it costs
in labor to maintain.
The prevailing wisdom is that it costs
more than its worth.
That is, you end up paying more for things
than you need to to preserve information
that nobody reads and doesn’t actually
stop people from doing bad accounting.
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The Sarbanes-Oxley Act: costs, benefits and business impacts $72.95 The Sarbannes-Oxley Act (SOX) is a mandatory requirement for all listed corporations in the US, whether foreign or not. Compliance is not an option. Other countries are developing similar legislation so the books value is international in scope. SOX is a hot topic and the effects are just beginning to be felt world-wide. This new book goes beyond the implementation phase of SOX and looks at the re… |
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Did the Sarbanes-Oxley Act Improve Corporate Governance?: The Impact of SOX on Agency Costs in Publicly Traded Firms $81.00 Although significant attention has been given to the costs associated with SOX there is no notable research examining the benefits derived therefrom. The purpose of this research is to draw upon the long established stream of agency theory literature to fill the void in the current literature and complement its focus on costs with a serious investigation into whether benefits are being realized… |
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Sarbanes-Oxley one year later: its impact on you.: An article from: Catalyst (Dublin, Ohio) $5.95 This digital document is an article from Catalyst (Dublin, Ohio), published by Ohio Society of Certified Public Accountants on July 1, 2003. The length of the article is 4073 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web brows… |
