| Tekijä: | Harrington, C. |
| Otsikko: | The New Accounting Environment |
| Lehti: | Journal of Accountancy
2003 : AUG, VOL. 196:2, p. 28-33 |
| Asiasana: | ACCOUNTING ENVIRONMENT REGULATIONS COMPANIES |
| Kieli: | eng |
| Tiivistelmä: | New accounting regulations brought about by Sarbanes Oxley and SAS no 99 will force many companies to change how they do business. Compliance with these and other rule changes will expand the burden of corporate CPAs. One new regulation that will affect all public companies is the proposed NYSE requirement for an internal audit function. At a time of economic downturn, audits are going to cost more and companies will have to bear the expense of putting in new programs to be in compliance with government and stock exchange rules. The changes in accounting and auditing rules will reach beyond public companies. More than just a piece of legislation, Sarbanes Oxley is a whole new way of thinking about corporate governance. |
SCIMA