Sarbanes-Oxley Act News and Trends

News and info on dealing with the Sarbanes-Oxley Act of 2002

By J. Stoltzfus, writer/programmer LOCAL CITIZEN
The Sarbanes-Oxley Act, legislation passed in 2002, has a large effect on accounting practices for any level of business, and its ramifications reach from corporate accounting into other areas like municipal accounting as CPAs and public accountants throughout the financial industry consider the provisions of the act. Sarbanes-Oxley is an attempt toward reforming some accounting practices that tend to contribute to problems within the financial field.

Business managers involved in accounting often know about Sarbanes-Oxley, (also called the SOX ACT for short) and have some general ideas on compliance, but anyone wanting to learn more can use the sites of specialized news makers to get further informed on what is going on around this legislation in today's markets. When looking for Sarbanes-Oxley Act news and trends, business leaders may want to know:

1. How others are pursuing Sarbanes-Oxley compliance through changes in auditing and budget records.

2. How Sarbanes-Oxley information and the law affects accounting firms and their clients and how Sarbanes Oxley consulting works to the advantage of some firms.

3. How businesses and civic officials feel about the effects of Sarbanes-Oxley on the marketplace.

 

Get more news and information about Sarbanes-Oxley solutions for compliance

As accountants share information about how to work with the Sarbanes-Oxley legislation, business leaders can find ready sources of information on what is commonly done toward compliance from handy online resources.
Try: Asset Management Resources offers a blog, which provides resources for those interested in finding out more about Sarbanes-Oxley compliance. It also offers news and information about fixed asset management inventory and reconciliation. Get more news on fair value accounting from a leading news source for Sarbanes-Oxley compliance at FierceSarbox, a FierceMarkets publication.

Receive news on upcoming legislation and the latest on possible Sarbanes-Oxley requirements

Another aspect many financial business people are looking very closely at is the changes that are always on the horizon. Just like the SOX ACT, other initiatives are always under consideration to change the way America does business. News outlets can give leaders a heads up on what may be around the corner.
Try: Sign up for email alerts and a newsletter to get information on what's brewing on Capitol Hill from the Center for American Progress, where you can find some of the upcoming legislative issues inspected continually. For news briefs and more from a national trade association for the consumer credit industry, go to the American Financial Services Association (AFSA) and use all its handy site features to find out about future legislative possibilities.

Check responses to financial laws to learn more about Sarbanes-Oxley Act news and trends

When researching on SOX compliance or getting news on trends within the industry, some readers might want to look at some responses to the legislation, and how these standards are perceived. Find news sources where you can see some feedback from "the street" and learn more about how legislation interacts with the markets.
Try: Visit CIO Insight for news and trends on Sarbanes-Oxley and learn what others think of compliance issues. Read more Sarbanes-Oxley responses from The CPA Journal, a trade resource for accountants.

 

  • Avoid taking generalized Sarbanes-Oxley Act information over the advice of your own accountants and auditors. Legislation affects businesses differently, and workers familiar with a certain type of accounting generally fit the standards and considerations into a more specific set of goals.

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