Internal Controls

In what some might consider a rash of corporate bragging, several companies in recent weeks have issued press releases touting successful compliance with Section 404 of The Sarbanes-Oxley Act of 2002 Nothing in SOX compels such public fist-pumping; the statute merely requires notification to the Securities and Exchange Commission in formal filings. But after tackling […]

Standard setters never meant to cut contact between auditors and their clients with the recent wave of rules establishing greater independence for auditors, nor did they intend to create excessive accounting costs for smaller companies. That’s according to Daniel Goelzer, a member of the Public Company Accounting Oversight Board, who spoke at the Washington Economic […]

Almost from the moment of passage, The Sarbanes-Oxley Act of 2002 has added to the costs of compliance for public companies. And according to a number of studies covered by Compliance Week over the past three years—including one last month by A.R.C. Morgan— companies are spending “significantly” more than anticipated on SOX compliance (see related […]

This “case study” is the latest in a series of articles aimed at helping public companies understand how other organizations are using technology to comply with new regulations and standards. These are not advertisements or marketing vehicles for the companies mentioned; Compliance Week’s editorial staff speaks with the public company that has deployed the technology, […]

This profile is the latest in a series of weekly conversations with executives at U.S. public companies who are currently involved in establishing and developing compliance programs. An index of previous conversations is available here. Compliance at Computer Associates is certainly a high-profile post. How did you get the job? I was chief compliance officer […]

This profile is the latest in a series of weekly conversations with executives at U.S. public companies who are currently involved in establishing and developing compliance programs. An index of previous conversations is available here. Describe your duties at Aquila. I don’t report to the office of general counsel, even though I’m a lawyer by […]

Issuers who breathed a sigh of relief when the Securities and Exchange Commission recently extended the Sarbanes-Oxley Section 404 compliance date should keep in mind that—despite the stay of execution with respect to 404—they still must file certifications about their internal controls under Section 302 every quarter. Zecca “Quarterly certifications for Section 302 indicate, among […]