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:
In response to the question of whether the Sarbanes-Oxley Act of 2002 should be revisited, participants believed that although ultimately some technical changes to the act may be necessary, the SEC and the PCAOB needed to move forward to implement the act.
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.
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.
The Sarbanes-Oxley Act of 2002 will help to close the expectation gap concerning the effectiveness of internal control over financial reporting by requiring management and auditor reporting on these controls.
It was viewed that one of the more positive outcomes of the Sarbanes-Oxley Act of 2002 is the relationship the act establishes between the auditor and audit committee by making the audit committee in essence the client, versus company management.
Loading...