The New Corporate Responsibility Standard: The Accounting Industry Reform Act of 2002
On July 30, President Bush signed into law the Accounting Industry Reform Act of 2002 (formally, the Sarbanes-Oxley Act of 2002). The Act imposes myriad and significant new changes in both auditing practices and corporate responsibility. Although widely covered in the press, the Act is far wider in scope than commonly reported on television and […]