was passed in the wake of major accounting scandals.
Moreover, Bush's current Securities and Exchange Commission chief, former GOP lawmaker Chris Cox, repeatedly has defended the very Sarbox
provisions that Paulson and his cronies want repealed.
A recent survey by research company Hackett Group found that just 12 of 22 companies surveyed had IT representation on their Sarbox
At least 200 major corporations have such positions, with 50 added in the two years since Sarbox
They also offer no American tort lawyers, no Sarbox
(so far), and no state attorneys general whose ticket to the governor's mansion is punched with headlines on how they are beating up the corporate world.
The Sarbanes-Oxley Act of 2002, commonly referred to as Sarbox
, affects many roles within a corporation including: directors, top management, auditors, accountants and financial analysts.
While the SarbOx
bounce is far from a re-run of 1999, some suppliers are reporting healthy growth again.
We find that the so-called Sarbox
(2002 Sarbanes-Oxley Act) Act was a knee-jerk reaction, drafted too quickly without thought or attention for the outside world.
does not cover non-profits but has raised the awareness level of necessary assurance to stake holders.
See Sarah Johnson, Study: Sarbox
Curbs Fraud Whistleblowing,
Other recent linked articles were: "Audit Firms 'Forget' to Register," originally in the New York Times, and "More on Small Accounting Companies and Sarbox
," a WebCPA.