Sarbox Responsible for a 27% Decline in Restatements

Posted by Teresa Bockwoldton March 8, 2010

Functioning internal controls = cleaner financials and less rework which is not value added.  I'm not the only person saying this...

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Tags: Sarbanes-Oxley Articles & Information

IPO's up by over 45% in 2010...largely because of Sarbanes-Oxley!?!?

Posted by Teresa Bockwoldton March 8, 2010

Get out!

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Tags: Sarbanes-Oxley Articles & Information

GRC Announcement from Compliance Week about Vibato

Posted by Teresa Bockwoldton March 8, 2010

February 18, 2010
Vibato Releases SOX Basic® for Small Companies

Vibato, a provider of Sarbanes-Oxley and SAS-related compliance solutions, has announced the release of SOX BASIC for small companies, delivering a size-specific SOX implementation to smaller reporting companies in just one day.

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Tags: Sarbanes-Oxley Articles & Information, Vibato

Auditing Firms: Want to audit public companies? Not so fast...

Posted by Teresa Bockwoldton March 2, 2010

The PCAOB rejected an application from Price & Gartrell, P.C. to become a public accounting company.  The reason for the rejection is as follows: 

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Tags: Sarbanes-Oxley Articles & Information

Supreme Court to find Sarbanes-Oxley Unconstitutional? Mike Oxley says no.

Posted by Teresa Bockwoldton March 2, 2010

Michael Oxley, co-author of the Sarbanes-Oxley Act of 2002, was questioned on whether or not he believed the Supreme Court would find Sarbox unconstitutional. The Supreme Court is currently reviewing the legislation for constitutionality.  An auditor from Nevada claims the Public Companies Accounting Oversight Board or PCAOB, put him out of business.  He then filed a lawsuit claiming the PCAOB and the legislation is unconstitutional and the case has escalated to the Supreme Court.

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Tags: Sarbanes-Oxley Articles & Information