Implementation of Section 404 has had significant adverse effects not intended by Congress or anyone else. As every Member of Congress knows from talking to constituents, it has caused a tremendously ...

The total average cost of Sarbanes-Oxley Section 404 compliance reached $1.7 million last year, according to a newly released survey. Financial Executives International polled 185 companies to gauge ...

THE ASSESSMENT OF COMPANY-LEVEL CONTROLS is a critical part of complying with section 404 of Sarbanes-Oxley. The PCAOB says public companies must assess the design and operating effectiveness of these ...

Section 404 of the Sarbanes-Oxley Act leaves much to be interpreted when it comes to financial controls, and even more to be interpreted around required IT controls. One IT manager told me he thought ...

Faced with a tidal wave of complaints about high costs and implementation difficulties, federal regulators say they will consider modifying rules and auditing standards related to the Sarbanes-Oxley ...

This paper exploits a natural quasi-experiment to isolate the effects that were uniquely due to the Sarbanes—Oxley Act (SOX): U.S. firms with a public float under $75 million could delay Section 404 ...

Better than one in every eight U.S. corporations that have undergone the more rigorous audits mandated by the Sarbanes-Oxley Act during the past year have been flagged for ineffective internal ...

In the March 14 Opinion article, “Accountability's fear factor” (see page 4), Patrick Mannion asked if U.S. technological and corporate competitiveness in the global community has been handicapped by ...

For Tom Arnold and the information technology department at StorageTek, complying with the Sarbanes-Oxley Act has been expensive, confusing and never ending. The absence of clear guidance from ...

Perhaps reform of the excessive cost and bureaucracy created by the Sarbanes-Oxley Act will be a bipartisan effort, just as the original act was a bipartisan overreaction to the scandals of its day.