SOX Center

This past April, Japanese pitching sensation Daisuke Matsuzaka wowed Red Sox Nation with his “gyroball.” From now until next April, Dave Sackett expects to be equally mesmerized by Japan’s version of the corporate curveball.
The corporate controller of Ulvac Technologies is charged with implementing J-SOX — the Japanese edition of the Sarbanes-Oxley Act (sometimes abbreviated as […]

 Grilling the assembled members of the Securities and Exchange Commission about Sarbanes-Oxley, Barney Frank just took the time to note “I feel compelled by the spirit of bipartisanship to come to the defense of the Republican president and the Republican Congress that passed [Sarbanes-Oxley].”
CFO.com: SEC: No Help Needed from Congress

The PCAOB has killed its reviled internal-control standard. Now it’s up to the SEC to pronounce it officially dead.
Perhaps the most hated rule to come out of the Sarbanes-Oxley Act is dead. Well, almost. On Thursday, the Public Company Accounting Oversight Board voted unanimously to replace its controversial internal-control auditing standard with Auditing Standard No. […]

The PCAOB revised Auditing Standard No. 2 mainly for small companies’ benefit. But large companies tell the regulator the new AS5 will also reduce their audit costs.
The revised auditing standard for internal control over financial reporting could bring cheaper auditing bills for large companies. Some publicly traded companies are estimating that their audit fees could […]