Corporate Governance Best Practices 10 Years After SOX  

Oleh:

Tysiac, Ken

Jenis: Article from Bulletin/Magazine
Dalam koleksi: Journal of Accountancy vol. 214 no. 1 (Jul. 2012), page 24-26.
Topik: Public Company Accounting Reform Investor Protection Act 2002-US; Internal Controls; Financial Performance; Accountant Independence; Benefit Cost Analysis

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ85.33 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

Lihat Detail Induk

Isi artikel

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-AL, said SOX has been successful in preventing some of the challenges it was created to address. At the PCAOB hearings on auditor independence, objectivity, and professional skepticism, experts including audit committee members, audit firm chairmen, and educators talked about the positive effects SOX has had in strengthening business oversight. The most controversial provision in SOX, Section 404, was in some ways ahead of its time with a focus on internal control in addition to financials. The cost/benefit question regarding performing complicated audits of internal control systems and having external auditors attest to the findings is a complicated one to answer.

Opini Anda

Klik untuk menuliskan opini Anda tentang koleksi ini!

Kembali