SOX Center

CCH principal analyst and leading author on securities law, Jim Hamilton, JD, LLM, has released a white paper on the long-awaited Securities and Exchange Commission (SEC) and Public Company Accounting Oversight Board (PCAOB) issuances on internal controls over financial reporting under section 404 of the Sarbanes-Oxley Act.
CCH, a leading provider of securities law information, is […]

Research and Markets has announced the addition of “A Focus on Law Analysis: The Intricacies and Effects of Sarbanes-Oxley Legislation” to their offering.
This 25-page research report written for all executives examines in-depth, the intricacies and effects of Sarbanes-Oxley legislation. From pre-Sarbanes obstruction of justice statutes to new Sarbanes-Oxley provisions; from a point-by-point look at several […]

To help CFOs of smaller companies navigate wisely through the Sarbanes-Oxley compliance process, Lord & Benoit has published a study, “10 Threats to SOX Compliance for Smaller Public Companies.”
The study comes on the heels of actions by the SEC and PCAOB to require smaller public companies to comply with SOX this year.
In summarizing the results, […]

Teamwork counts, especially when it comes to committing crimes at a corporation.
In a new examination of 374 companies accused of securities fraud between 1997 and 2002, an average of seven people were implicated in each case, including CEOs, chief financial officers, chief operating officers, general counsels, board directors and auditors.
“Far from being a solitary act, […]

FEI announced the results of its sixth Sarbanes-Oxley compliance survey, which found that Section 404 compliance cost Corporate America less in year three of adoption than in each of the first two years. FEI polled 200 companies to gauge experiences in complying with Section 404. Responding companies have average revenues of $6.8 billion.
According to […]

Few Give Stock Options a Second Look ATLANTA–(BUSINESS WIRE)–Oversight Systems Inc. today released the results of the 2007 Oversight Systems Financial ExecutiveReport on Sarbanes-Oxley. The survey of 168 financial executives identifies growing benefits of continuous monitoring, improved management of year-three compliance costs and a positive jump in shareholder value.
The 4th annual survey found financial […]

The city is losing its competitive edge and could give up its place as the financial capital of the world in as little as 10 years, a study has found.
The study was commissioned by Mayor Michael Bloomberg and Sen. Charles Schumer, who have been concerned about what they say is a growing threat to New […]

The Federal Reserve Bank of New York has issued a paper describing a number of sound practices for financial and accounting controls at financial institutions. Weaknesses in these controls can contribute to inaccurate or incomplete financial reporting and potentially result in legal fees and fines, significant reputational damage and a loss of business.
pdf: Financial And […]