Potential whistleblowers might think twice before reporting suspected corporate malfeasance in the face of a recent study that indicates promised protection isn't what it's cracked up to be.
Audit costs almost doubled between 2001, the year before Sarbanes-Oxley took effect, through the end of 2006, primarily because of a median 345% jump in audit fees, according to an in-depth analysis of public companies' financial data by The Corporate Library.
After years on the endangered species list, defined benefit (DB) plans have halted what many considered their slide toward extinction, according to two new surveys by benefits consultant Watson Wyatt Worldwide.
With travel and entertainment (T&E) costs counting as the second-largest expense at most companies--and with hotel, car rental and international travel costs projected to rise--controlling and cutting those costs is a top priority for most organizations.
A majority of U.S. investors support the Sarbanes-Oxley Act and believe that the tightened rules mandated by SOX shouldn't be eased, according to a nationwide survey of 1,001 investors conducted for the Center for Audit Quality (CAQ).
A majority of U.S. investors support the Sarbanes-Oxley Act and believe that the tightened rules mandated by SOX shouldn't be eased, according to a nationwide survey of 1,001 investors conducted for the Center for Audit Quality (CAQ).
Corporations that embraced Sarbanes-Oxley goals from the start by automating financial reporting and encouraging business-wide cultures of compliance have eliminated material weaknesses and slashed costs more quickly than other companies.