The Sarbanes-Oxley Act: costs, benefits and business impact
Saved in:
| Format: | Book |
|---|---|
| Language: | English |
| Published: |
Amsterdam [u.a.]
Elsevier
2008
|
| Edition: | 1. publ. |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis Klappentext |
| Physical Description: | III, 213 S. |
| ISBN: | 9780750680233 |
Staff View
MARC
| LEADER | 00000nam a2200000 c 4500 | ||
|---|---|---|---|
| 001 | BV022523305 | ||
| 003 | DE-604 | ||
| 005 | 20080225 | ||
| 007 | t | ||
| 008 | 070723s2008 |||| 00||| eng d | ||
| 020 | |a 9780750680233 |9 978-0-7506-8023-3 | ||
| 035 | |a (OCoLC)224251015 | ||
| 035 | |a (DE-599)BVBBV022523305 | ||
| 040 | |a DE-604 |b ger |e rakwb | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-473 |a DE-739 |a DE-945 |a DE-19 | ||
| 050 | 0 | |a KF1446 | |
| 082 | 0 | |a 346.73066 |2 22 | |
| 084 | |a QP 442 |0 (DE-625)141887: |2 rvk | ||
| 084 | |a QQ 537 |0 (DE-625)141982: |2 rvk | ||
| 245 | 1 | 0 | |a The Sarbanes-Oxley Act |b costs, benefits and business impact |c Michael F. Holt |
| 250 | |a 1. publ. | ||
| 264 | 1 | |a Amsterdam [u.a.] |b Elsevier |c 2008 | |
| 300 | |a III, 213 S. | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 610 | 2 | 7 | |a USA |t Sarbanes-Oxley Act of 2002 |0 (DE-588)4731664-0 |2 gnd |9 rswk-swf |
| 650 | 7 | |a Comptabilité |2 ram | |
| 650 | 7 | |a Finances publiques - Droit |2 ram | |
| 650 | 7 | |a Finances |2 ram | |
| 650 | 7 | |a Scandales |2 ram | |
| 650 | 4 | |a Recht | |
| 650 | 4 | |a Corporate governance |x Law and legislation |z United States | |
| 650 | 4 | |a Corporations |x Accounting |x Law and legislation |z United States | |
| 650 | 4 | |a Directors of corporations |x Legal status, laws, etc |z United States | |
| 650 | 4 | |a Disclosure of information |x Law and legislation |z United States | |
| 650 | 4 | |a Financial statements |x Law and legislation |z United States | |
| 651 | 4 | |a USA | |
| 689 | 0 | 0 | |a USA |t Sarbanes-Oxley Act of 2002 |0 (DE-588)4731664-0 |D u |
| 689 | 0 | |5 DE-604 | |
| 700 | 1 | |a Holt, Michael F. |e Sonstige |4 oth | |
| 856 | 4 | 2 | |m Digitalisierung UB Passau |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=015730014&sequence=000003&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 856 | 4 | 2 | |m Digitalisierung UB Passau |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=015730014&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA |3 Klappentext |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-015730014 | ||
Record in the Search Index
| _version_ | 1804136630406086656 |
|---|---|
| adam_text | Contents
1
The Background
1
2
The Impact on Public Corporations
11
3
The Impact on Private Companies and Small Businesses
23
4
The Impact on the Financial Community
31
5
The Impact on Accountants and Auditors
41
6
The Impact on Foreign Corporations and Governments
45
7
The Impact on the Public
51
8
SOXPACKED
65
9
Conclusions
73
10
An Interview with a CFO
79
Appendices
Appendix A
-
The Sarbanes-Oxley Act of
2002
(abridged)
87
Appendix
В
-
Securities Exchange Act of
1934 147
Appendix
С
- OSHA Whistleblower
Complaint
Procedures
-
Final Rules
Appendix
D
-
A Typical Code of Ethics
Notes
Index
The honesty you expect in your small businesses, or in your workplaces, in your community
or in your home, will be expected and enforced in every corporate suite in this country
George W. Bush,
30
July
2002
So the Sarbanes-Oxley Act (SOX) came into being as a mandatory requirement for all listed
corporations in the USA. Revelation of the specifics of this overwhelmingly comprehensive
legislation shocked the international business community due to the intensity of its long term
gaze. For SOX is not a one time blip on corporate radar screens, it s a new and ongoing,
growing and developing way of conducting business. As feedback accumulates, legislators,
bureaucrats, watchdogs, professional associations and international and global groups continue
to refine the processes and standards for both satisfying the requirements of the Sarbanes-Oxley
Act and clarifying the standards both for general corporate behaviour and more specifically for
accounting and auditing professions.
This new book goes beyond the implementation phase of SOX and looks at both the reaction to
the Act, among prominent financial, government and business leaders, and the effect it has had
and will continue to have economically in terms of costs, benefits and business impacts.
Convergence is the big buzzword; governments and multinational corporations are striving to
reach international agreement in order to produce a set of transnationally/universally applicable
accounting rules and regulations.
The Sarbanes-Oxley Act has forced public corporations into the realm of greater transparency and
accountability in terms of the provision of
100%
reliable financial reporting. Whilst its
introduction is generally approved it is thought that SOX was introduced a little hastily and needs
tweaking to ease the pain. Thus whilst it has been somewhat successful, the cost (well over a
trillion dollars) might be considered by some to be too high a price to pay for the gains.
This book is essential reading for senior managers in the business and financial/accounting
communities and follows on from the author s first book The Sarbane-Oxley Act: Overview and
Implementation Procedures. Michaei F. Holt, probes business leaders, brokers and financial
consultants, auditing firm heads, CEOs and CFOs of large and small corporations thus producing
a comprehensive review of SOX s impact on business, economics and governments since its
inception in
2002.
|
| adam_txt |
Contents
1
The Background
1
2
The Impact on Public Corporations
11
3
The Impact on Private Companies and Small Businesses
23
4
The Impact on the Financial Community
31
5
The Impact on Accountants and Auditors
41
6
The Impact on Foreign Corporations and Governments
45
7
The Impact on the Public
51
8
"SOXPACKED"
65
9
Conclusions
73
10
An Interview with a CFO
79
Appendices
Appendix A
-
The Sarbanes-Oxley Act of
2002
(abridged)
87
Appendix
В
-
Securities Exchange Act of
1934 147
Appendix
С
- OSHA Whistleblower
Complaint
Procedures
-
Final Rules
Appendix
D
-
A Typical Code of Ethics
Notes
Index
'The honesty you expect in your small businesses, or in your workplaces, in your community
or in your home, will be expected and enforced in every corporate suite in this country'
George W. Bush,
30
July
2002
So the Sarbanes-Oxley Act (SOX) came into being as a mandatory requirement for all listed
corporations in the USA. Revelation of the specifics of this overwhelmingly comprehensive
legislation shocked the international business community due to the intensity of its long term
gaze. For SOX is not a one time blip on corporate radar screens, it's a new and ongoing,
growing and developing way of conducting business. As feedback accumulates, legislators,
bureaucrats, watchdogs, professional associations and international and global groups continue
to refine the processes and standards for both satisfying the requirements of the Sarbanes-Oxley
Act and clarifying the standards both for general corporate behaviour and more specifically for
accounting and auditing professions.
This new book goes beyond the implementation phase of SOX and looks at both the reaction to
the Act, among prominent financial, government and business leaders, and the effect it has had
and will continue to have economically in terms of costs, benefits and business impacts.
Convergence is the big buzzword; governments and multinational corporations are striving to
reach international agreement in order to produce a set of transnationally/universally applicable
accounting rules and regulations.
The Sarbanes-Oxley Act has forced public corporations into the realm of greater transparency and
accountability in terms of the provision of
100%
reliable financial reporting. Whilst its
introduction is generally approved it is thought that SOX was introduced a little hastily and needs
tweaking to ease the pain. Thus whilst it has been somewhat successful, the cost (well over a
trillion dollars) might be considered by some to be too high a price to pay for the gains.
This book is essential reading for senior managers in the business and financial/accounting
communities and follows on from the author's first book The Sarbane-Oxley Act: Overview and
Implementation Procedures. Michaei F. Holt, probes business leaders, brokers and financial
consultants, auditing firm heads, CEOs and CFOs of large and small corporations thus producing
a comprehensive review of SOX's impact on business, economics and governments since its
inception in
2002. |
| any_adam_object | 1 |
| any_adam_object_boolean | 1 |
| building | Verbundindex |
| bvnumber | BV022523305 |
| callnumber-first | K - Law |
| callnumber-label | KF1446 |
| callnumber-raw | KF1446 |
| callnumber-search | KF1446 |
| callnumber-sort | KF 41446 |
| callnumber-subject | KF - United States |
| classification_rvk | QP 442 QQ 537 |
| ctrlnum | (OCoLC)224251015 (DE-599)BVBBV022523305 |
| dewey-full | 346.73066 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 346 - Private law |
| dewey-raw | 346.73066 |
| dewey-search | 346.73066 |
| dewey-sort | 3346.73066 |
| dewey-tens | 340 - Law |
| discipline | Rechtswissenschaft Wirtschaftswissenschaften |
| discipline_str_mv | Rechtswissenschaft Wirtschaftswissenschaften |
| edition | 1. publ. |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>02162nam a2200505 c 4500</leader><controlfield tag="001">BV022523305</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20080225 </controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">070723s2008 |||| 00||| eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9780750680233</subfield><subfield code="9">978-0-7506-8023-3</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)224251015</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV022523305</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rakwb</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-473</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-945</subfield><subfield code="a">DE-19</subfield></datafield><datafield tag="050" ind1=" " ind2="0"><subfield code="a">KF1446</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">346.73066</subfield><subfield code="2">22</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QP 442</subfield><subfield code="0">(DE-625)141887:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QQ 537</subfield><subfield code="0">(DE-625)141982:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">The Sarbanes-Oxley Act</subfield><subfield code="b">costs, benefits and business impact</subfield><subfield code="c">Michael F. Holt</subfield></datafield><datafield tag="250" ind1=" " ind2=" "><subfield code="a">1. publ.</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Amsterdam [u.a.]</subfield><subfield code="b">Elsevier</subfield><subfield code="c">2008</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">III, 213 S.</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="610" ind1="2" ind2="7"><subfield code="a">USA</subfield><subfield code="t">Sarbanes-Oxley Act of 2002</subfield><subfield code="0">(DE-588)4731664-0</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Comptabilité</subfield><subfield code="2">ram</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Finances publiques - Droit</subfield><subfield code="2">ram</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Finances</subfield><subfield code="2">ram</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Scandales</subfield><subfield code="2">ram</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Recht</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Corporate governance</subfield><subfield code="x">Law and legislation</subfield><subfield code="z">United States</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Corporations</subfield><subfield code="x">Accounting</subfield><subfield code="x">Law and legislation</subfield><subfield code="z">United States</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Directors of corporations</subfield><subfield code="x">Legal status, laws, etc</subfield><subfield code="z">United States</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Disclosure of information</subfield><subfield code="x">Law and legislation</subfield><subfield code="z">United States</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Financial statements</subfield><subfield code="x">Law and legislation</subfield><subfield code="z">United States</subfield></datafield><datafield tag="651" ind1=" " ind2="4"><subfield code="a">USA</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">USA</subfield><subfield code="t">Sarbanes-Oxley Act of 2002</subfield><subfield code="0">(DE-588)4731664-0</subfield><subfield code="D">u</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="5">DE-604</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Holt, Michael F.</subfield><subfield code="e">Sonstige</subfield><subfield code="4">oth</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">Digitalisierung UB Passau</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=015730014&sequence=000003&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">Digitalisierung UB Passau</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=015730014&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Klappentext</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-015730014</subfield></datafield></record></collection> |
| geographic | USA |
| geographic_facet | USA |
| id | DE-604.BV022523305 |
| illustrated | Not Illustrated |
| index_date | 2024-07-02T18:04:00Z |
| indexdate | 2024-07-09T20:59:27Z |
| institution | BVB |
| isbn | 9780750680233 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-015730014 |
| oclc_num | 224251015 |
| open_access_boolean | |
| owner | DE-473 DE-BY-UBG DE-739 DE-945 DE-19 DE-BY-UBM |
| owner_facet | DE-473 DE-BY-UBG DE-739 DE-945 DE-19 DE-BY-UBM |
| physical | III, 213 S. |
| publishDate | 2008 |
| publishDateSearch | 2008 |
| publishDateSort | 2008 |
| publisher | Elsevier |
| record_format | marc |
| spelling | The Sarbanes-Oxley Act costs, benefits and business impact Michael F. Holt 1. publ. Amsterdam [u.a.] Elsevier 2008 III, 213 S. txt rdacontent n rdamedia nc rdacarrier USA Sarbanes-Oxley Act of 2002 (DE-588)4731664-0 gnd rswk-swf Comptabilité ram Finances publiques - Droit ram Finances ram Scandales ram Recht Corporate governance Law and legislation United States Corporations Accounting Law and legislation United States Directors of corporations Legal status, laws, etc United States Disclosure of information Law and legislation United States Financial statements Law and legislation United States USA USA Sarbanes-Oxley Act of 2002 (DE-588)4731664-0 u DE-604 Holt, Michael F. Sonstige oth Digitalisierung UB Passau application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=015730014&sequence=000003&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis Digitalisierung UB Passau application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=015730014&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA Klappentext |
| spellingShingle | The Sarbanes-Oxley Act costs, benefits and business impact USA Sarbanes-Oxley Act of 2002 (DE-588)4731664-0 gnd Comptabilité ram Finances publiques - Droit ram Finances ram Scandales ram Recht Corporate governance Law and legislation United States Corporations Accounting Law and legislation United States Directors of corporations Legal status, laws, etc United States Disclosure of information Law and legislation United States Financial statements Law and legislation United States |
| subject_GND | (DE-588)4731664-0 |
| title | The Sarbanes-Oxley Act costs, benefits and business impact |
| title_auth | The Sarbanes-Oxley Act costs, benefits and business impact |
| title_exact_search | The Sarbanes-Oxley Act costs, benefits and business impact |
| title_exact_search_txtP | The Sarbanes-Oxley Act costs, benefits and business impact |
| title_full | The Sarbanes-Oxley Act costs, benefits and business impact Michael F. Holt |
| title_fullStr | The Sarbanes-Oxley Act costs, benefits and business impact Michael F. Holt |
| title_full_unstemmed | The Sarbanes-Oxley Act costs, benefits and business impact Michael F. Holt |
| title_short | The Sarbanes-Oxley Act |
| title_sort | the sarbanes oxley act costs benefits and business impact |
| title_sub | costs, benefits and business impact |
| topic | USA Sarbanes-Oxley Act of 2002 (DE-588)4731664-0 gnd Comptabilité ram Finances publiques - Droit ram Finances ram Scandales ram Recht Corporate governance Law and legislation United States Corporations Accounting Law and legislation United States Directors of corporations Legal status, laws, etc United States Disclosure of information Law and legislation United States Financial statements Law and legislation United States |
| topic_facet | USA Sarbanes-Oxley Act of 2002 Comptabilité Finances publiques - Droit Finances Scandales Recht Corporate governance Law and legislation United States Corporations Accounting Law and legislation United States Directors of corporations Legal status, laws, etc United States Disclosure of information Law and legislation United States Financial statements Law and legislation United States USA |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=015730014&sequence=000003&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=015730014&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT holtmichaelf thesarbanesoxleyactcostsbenefitsandbusinessimpact |