The act was signed into law in 2002 and is an imperative piece of legislation affecting corporate governance, public accounting and financial disclosures. Our Sarbanes-Oxley Act knowledge base includes information about how the act impacts the accounting profession, non-audit service restrictions, federal regulatory activities related to the act for non-public entities and more. Here, you can learn more about the Sarbanes-Oxley Act of 2002 a must-read for any corporate executive.
About 15 to 20 percent of companies undergo some sort of compensation audit, and many come out with a clean bill of health. But non-compliant companies waste time and money, not to mention garner a lot of unwanted attention. When all is said and done, it is the employees who lose faith in the company and are not motivated to continue working for such an organization. This is why we’ve provided these resources -- it’s important to know the rules of the playing field and to make sure your company sticks to them.
To help you understand the Sarbanes-Oxley Act we have provided the following sources of information: