Looking for a loophole in reform legislation Dec 20, 2007
By Cyndia Zwahlen, Special to The Times December 20, 2007 Will small public companies -- many already dragging their feet on complying with important parts of the Sarbanes-Oxley corporate accounting reform legislation -- get their wish for a permanent exemption ... The smallest public companies have won several delays because of the disproportionate cost they say they will bear to comply with the accounting reform rules. (Los Angeles Times)
Auditors talk governance at regional meet Dec 12, 2007
"We have observed the implementation of the U.S. Public Company Accounting Reform and Investor Protection Act of 2002 ... and we will discuss how (it) may have an impact on the accounting profession in ASEAN," Suyatno added. (nkn). (Jakarta Post, Indonesia -- Business)
World Bank office opens in Austrian capital Nov 30, 2007
One of the center's programs known as the "Road to Europe: Program of Accounting Reform and Institutional Strengthening" is aimed at enhancing corporate financial reporting and auditing in south-central and southeastern Europe. Some of the participating countries include Albania, Croatia and Serbia. (International Herald Tribune -- Business)
Bank Boss Schumer Aug 22, 2007
We got hit with one of the most sweeping regulatory laws in history, The Public Company Accounting Reform and Investor Protection Act of 2002. Today the law is known the Sarbanes-Oxley Act, or Sarbox for short, named after its two sponsors, Senator Paul Sarbanes (D Md. (Human Events Online)
Survey: Accounting reform legislation not popular Aug 15, 2007
Members: Not Registered. for free extra services. (Tampa Bay Business Journal, FL)
With U.S. Markets Losing Share, SEC Seeks Accounting Reform May 18, 2007
INVESTOR'S BUSINESS DAILY. The U.S. has long been the go-to place to raise money in the capital markets. (Investors Business Daily)
Local Companies to Build Fed Prison May 4, 2007
The co-author of the Sarbanes-Oxley Corporate accounting reform law visits RIT Friday, May 4. Xerox moved another step closer to acquiring Global Imaging Systems, Inc. East Rochesters Allworx named Bill Evans vice president of customer operations. (R News)
Retired US Senator to Speak at RIT May 1, 2007
The co-author of the Sarbanes-Oxley Corporate accounting reform law visits RIT Friday, May 4 ... The co-author of the Sarbanes-Oxley Corporate accounting reform law visits RIT Friday, May 4. (R News)
RAYMOND J. KEATING: Wall Street vs. Main Street? Apr 23, 2007
For example, mandated options expensing in the name of accounting reform merely makes for bad accounting and creates additional costs and uncertainties for small, entrepreneurial firms that use stock options to compete for talent. Government meddling in hedge funds and executive pay are under consideration. (Washington Times)
Large credit unions avoid additional audit measures by industry's governing agency Mar 26, 2007
The audit rules would have been similar to those that have been imposed on banks and public companies since passage of the Public Company Accounting Reform and Investor Protection Act of 2002, more commonly referred to as Sarbanes-Oxley, or SOX.. This article is for Paid Print Subscribers ONLY.. (Memphis Business Journal, TN)
China Braces For A Bubble Feb 3, 2007
Plenty of stock analysts and fund managers disagree, arguing that prices are simply keeping pace with China's remarkable economic rise and that accounting reform and better supervision have made Chinese companies more attractive. The country's GDP grew 10. (Time.com)
Not Everyone Hates SarbOx Jan 24, 2007
There has been no shortage of public outcry over Sarbanes-Oxley, the controversial 2002 accounting reform legislation that requires top corporate executives to fill out reams of new forms and personally certify their financial reports ... Says Donald J. Peters, a portfolio manager at T. Rowe Price Group ( ): "The accounting reforms have been a win.". (BusinessWeek)
NB's Menasha explores possible sale of business Jan 9, 2007
Along with the enactment of Sarbanes-Oxley, also known as the Public Company Accounting Reform and Investor Protection Act, Starkey said the board of directors decided to act due to a trend in investment strategies. Some organizations are investing in timber investment management organizations, or TIMOs, he said. (Coos Bay-North Bend The World, OR)
Making a name for himself Jan 5, 2007
Paul Sarbanes who responded to the Enron and Worldcom scandals by shepherding the accounting reform package that bears his name. Paul Sarbanes who was elected to a state-record five terms in the Senate - and probably could have won a sixth if he had run for re-election last year. (SunSpot.net)