Words similar to sarbanes-
Example sentences for: sarbanes-
How can you use “sarbanes-” in a sentence? Here are some example sentences to help you improve your vocabulary:
This must change and under the recent Sarbanes-Oxley accounting reform legislation, some related changes will be required.
Participants also focused on the roles of the nominating, compensation, and audit committees noting that (1) nominating committees need to independently identify candidates for board membership rather than "rubber stamp" management's candidates, (2) compensation committees need to focus more on achievements related to the company's long-term strategic objectives and less on short-term accomplishments, such as meeting earnings projections, and (3) audit committees need to work more effectively with the independent auditor as defined by the Sarbanes-Oxley Act of 2002, and not get "tied up" in procedural matters concerned with their legal liabilities as committee members.
Participants generally believed that the provisions of the Sarbanes-Oxley Act of 2002 should be implemented and assessed before the Congress should consider adding any new legislative requirements; however, participants agreed that much can and should be done by other responsible parties, such as by regulatory and self-regulatory bodies, within their existing authority.
The participants applauded the deterrent put in place by the Sarbanes-Oxley Act of 2002, which sends a signal that persons who prepare or attest to fraudulent financial statements can go to jail.
10 It was noted that although the Senate authorized about $750 million for the SEC for fiscal year 2003, an amount that the Senate believed would be sufficient to implement provisions of the Sarbanes-Oxley legislation to restore investor confidence, the Office of Management and Budget only proposed a funding level of about $500 million.
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