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Breaking News
and Corporate Scandals
IBM 2010 Global CFO
Survey
IBM spoke at length with more than 1900
CFOs and
senior finance executives from around the world about their
accomplishments and aspirations
While economy crumbled, top financial watchdogs
at SEC surfed on Internet
The NY Daily news recounts the
outrageous activities of SEC senior staffers. Leo Standora, NY
Dailynews.com April 23 2010.
How it all began in 2002 – Forbes Corporate Scandal Sheet
Recap of
some of the largest financial scandals to rock our economy.
SEC
delays SOX for smaller companies until at least June 15th,
2010 -
source SEC.gov Octover 2009. Will they extend
the deadline again? Stay tuned
Feeling the Pain: Are the Benefits of Sarbanes-Oxley Worth the
Cost?
Now that
over 2,000 public companies have filed their 404 assertions, the
news from the front lines indicates that more reforms are still
needed.
Tim
Reason, CFO Magazine, May 1, 2005.
What Does Your CEO Really Know?
How much
do chief executives know about company finances? Has
Sarbanes-Oxley helped to increase a CEO's understanding of their
company's financials? Not necessarily, according to a recent
CFO Magazine survey. Kris Frieswick, CFO Magazine,
May 1, 2005.
Sarbanes-Oxley Section 404 Internal Controls
Year One
On May
16, 2005, the PCOAB released guidance that should provide relief
to many public companies. Diane Wolff, The Blue Sage
Group,
May 27, 2005.
Advisory Committee on Smaller Companies
The
Securities and Exchange Commission's guide for smaller companies under the
securities laws, including the impact of the Sarbanes-Oxley Act of
2002.
SEC
Web Site.
The Real Cost of Sarbanes-Oxley Compliance
"Sticker Shock": When Congress passed the
Sarbanes-Oxley Act of 2002, it didn't worry about how much it
would cost companies. Today, CFOs are totting up the compliance
bill -- and they don't like what they see.
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