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13 May 2008, 4:15 am
If you're a member of the site, input your email address on the blog to get new entries pushed out to you. [read post]
12 May 2008, 3:27 am
The right to set accounting principles was also removed from the AICPA by the Sarbanes-Oxley Act: it required the SEC to appoint a single accounting standard setter for the establishment of accounting standards. [read post]
4 May 2008, 11:20 pm
Most of the time, Warren Buffet’s activities, when unrelated to Gen Re, fall outside the Law Blog’s long-arm jurisdiction. [read post]
15 Apr 2008, 9:01 am
No. 07-51350 (In re World Health Alternatives, Inc., Bankr. [read post]
10 Apr 2008, 1:38 pm
Hopefully, "Sarbanes-Oxley Section 404A Guide for Small Business" from the SEC takes some of the sting out of it. [read post]
28 Mar 2008, 7:40 pm
Unfortunately, we're in the same sort of environment that led to SOX. [read post]
7 Mar 2008, 2:00 am
: (IPBiz), US: Proposals for the approval of generic biologics under consideration: (Pharmacapsules@Gowlings), US: A paradigm shift in obviousness for pharma, biotech: (IP Law360), US: USPTO’s Bruce Kisliuk addresses ACI Pharma/biotech patent claim drafting and prosecution conference: (Patent Docs), US: New bill to provide biotech companies Sarbanes-Oxley relief: (California Biotech Law Blog), US: Biotech and pharma companies spent millions on lobbying in 2007:… [read post]
5 Mar 2008, 9:46 am
Now that the initial wave of Sarbanes-Oxley Act compliance is becoming a distant memory and companies are well versed in the regulations, many would assume that organizations would be far along with implementing their comprehensive fraud risk management (FRM) strategies.However, research by Protiviti reveals that a surprisingly high number of companies still have much room for improvement when it comes to evaluating, mitigating and monitoring fraud risk.Executives at Fortune 1000 companies… [read post]
27 Feb 2008, 8:18 am
That way, they're more likely to take ownership of the program's success. [read post]
22 Feb 2008, 5:01 am
The first reality of human nature is, according to Peter, that most senior executives of companies now coming under financial pressure think they're very smart. [read post]
15 Feb 2008, 5:15 am
When Chancellor Allen put out his decision in In Re Caremark International, Inc. [read post]
3 Feb 2008, 10:20 pm
Sarbanes-Oxley's Ambiguity In the wake of Enron and other such corporate scandals, the Sarbanes-Oxley Act of 2002 (or "SOX) imposed on disclosures and financial data reporting. [25]  SOX first acknowledged the necessity of multidisciplinary enterprise by mandating the creation of the Public Company Accounting Oversight Board that contains not only CPAs but non-CPAs, with presumably legal and business expertise. [26]  This pro-MDP provision is tempered… [read post]
30 Jan 2008, 1:51 pm
  And ever since, it has been a crisis-driven regulatory effort (but maybe Sarbanes-Oxley and the 33 and 34 acts tell us that this is the case for all financial regulators). [read post]
29 Jan 2008, 6:14 am
The Sarbanes-Oxley Act requires that all filers be reviewed at least every three years. [read post]
21 Jan 2008, 5:33 am
The point then, you're asking yourself, is? [read post]
21 Dec 2007, 10:08 am
" Corporate audit committees: "They're less qualified than the inadequately trained auditors. [read post]
19 Dec 2007, 4:41 am
Maybe Wall Street analysts are more honest and less compromised than they were pre-Sarbanes-Oxley, but recent events show that they’re still awful at their most important job: predicting bad news, writes Fortune’s Geoff Colvin. [read post]