What impact has the Sarbanes-Oxley Act had on compliance costs for public companies? Substantial, it turns out, even five years after it became law.
The Sarbanes-Oxley Act was enacted in mid-2002 to improve corporate financial reporting after the Enron, WorldCom, and other accounting scandals. Opinions vary widely on its success in preventing fraud and increasing investor confidence, as well as on whether its benefits justify the costs. But virtually everyone agrees that the compliance costs associated with Sarbanes-Oxley have been, and continue to be, extraordinarily high—even five years after Congress passed the sweeping law.
Leia o artigo completo clicando no link abaixo.
Informações relacionadas
December 8, 2025
Foley Viewpoints
2026 Outlook: AI, IPOs, and the New “Normal” in Venture & Private Equity
Key Takeaways The 2026 outlook for market activity is cautiously optimistic amid ongoing challenges.Private equity firms are shifting to…
December 8, 2025
Labor & Employment Law Perspectives
Colorado Adds New NICU Leave Under FAMLI: What Employers Should Know
Colorado’s Family and Medical Leave Insurance (FAMLI) program has provided employees with paid leave for major life events since 2024,…
December 8, 2025
Labor & Employment Law Perspectives
The Post-Shutdown Compliance Crunch: Preparing for Agency Action
The longest federal government shutdown in U.S. history has ended, and employers must now refocus their attention on agency actions and…