Archive for October, 2006



“I think you can make a case that Sarbanes-Oxley went too far,” U.S. Vice President Dick Cheney said in an interview on CNBC’s Kudlow & Company.President George W. Bush told CNBC last week that he would like to fine-tune Sarbanes-Oxley to retain good corporate governance but relax some rules that could put U.S. capital markets […]

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Steve Forbes, chief executive of media giant Forbes, has predicted that US lawmakers will implement major changes to the controversial Sarbanes-Oxley (SOX) Act, in the wake of the sentencing earlier this week of disgraced Enron executive Jeffrey Skilling.
Speaking after his keynote speech at SAS’ BetterManagement Live conference in Las Vegas yesterday, Forbes argued that the […]

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To win approval for his deal to purchase Euronext, the New York Stock Exchange chief executive, John Thain, said Wednesday in an interview in Paris, that there had been good progress on easing anxiety among companies and banks - the main users of the new exchange - to create a firewall to block the export […]

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ITGI has released an updated edition of its well-received publication, IT Control Objectives for Sarbanes-Oxley. The first edition, published in 2004, has been downloaded more than 250,000 times. Companies around the world have used it as a tool for evaluating IT controls in support of Sarbanes-Oxley compliance. Experts from many organizations, including […]

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This posting is sponsored by SOX Automation, Inc.
The last annual NASPP conference 2006 in Las Vegas, was a great success with than 4,000 attendees. JD Higgenbothem, Director of Sox Compliance a Monolithic Power Systems Inc. with Susan Garvin, NASPP Executive Director, conducted an insightful seminar on SOX Compliance for FAS 123 (R) […]

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The Securities and Exchange Commission has postponed action on a pressing proxy-voting issue until Dec. 13, leaving the issue up in the air awhile longer.
The SEC announced in September that it would take up the issue at a meeting on Wednesday, Oct. 18, but in a release late Tuesday, it said the matter would be […]

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As more companies work to transition their Sarbanes-Oxley (SOX) compliance efforts from a project to an ongoing, sustainable and cost-effective process, they are assessing strategies to better leverage the SOX technologies they’ve acquired and implemented. Protiviti Inc., a leading international provider of risk consulting and internal audit services, has addressed the growing need for substantive […]

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SPIRENT, the telecoms testing group, yesterday blamed the cost of meeting tough new corporate governance rules in America for its plan to drop its New York listing.
The company, which has its primary listing in London, said that the Sarbanes-Oxley rules, introduced after the Enron collapse to regulate US-listed businesses better, were costing it too much.
Times […]

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Sen. John Kerry (D-Mass.) has introduced legislation to ease the concerns small companies have about the cost of complying with section 404 of the Sarbanes-Oxley Act. But amid Congress’s month-long break until the Nov. 7 elections, followed by a year-end, lame-duck session, the bill isn’t expected to go anywhere or get much attention.
None of the […]

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California Board of Accountancy offers a free 8 hour forum on ethics and professional responsibility at October 23th 2006.
Keynote Speaker will be SEC Chairmann Christopher Cox.
There will be three different ways to attend this conference:

Live Location in San Francisco (37,00 USD will be charged for a lunch box).
Interactive Satellite Location: Long Beach (23,00 USD will […]

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