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:
Caution was also urged that rotation of audit partners required by the Sarbanes-Oxley Act of 2002 does not have the unintended consequence of adversely affecting the quality of audits through loss of experience with a particular company's operations and financial reporting.
In addition, participants stated that some states have been independently trying to address accountancy reform and, in some cases, have proposed reforms that have gone further than the Sarbanes-Oxley Act of 2002 because they feared that the federal government would not 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.
The Sarbanes-Oxley Act of 2002 provides a strong framework for more effective corporate governance and regulation of the accounting profession.
As a result, the GAO issued new independence standards applicable to audits of federal departments and agencies and entities that receive federal funds, and the Sarbanes-Oxley legislation limited the ability of auditors of public companies to perform certain non-audit services for their audit clients.
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