Some executives are getting a pat on the back—in the form of a bonus—for helping their companies successfully navigate their first year of Sarbanes-Oxley’s notorious Section 404.
A recent search of “material definitive agreements” filed on Form 8-K (available via Compliance Week’s searchable databases; see box at right), shows numerous companies awarding top executives for completing Section 404 projects, which often entail painstaking work with IT staff, finance executives, business managers and external auditors.
