## Abstract Recent corporate scandalsβfueled partly by audit failuresβhave focused attention on how effective audit committees have been. The SarbanesβOxley Act (SOX) imposed increased responsibility on audit committees. But how negligent were they prior to SOX? How proactive were they? __Β© 2005 Wi
Report of the auditing committee
β Scribed by Boehm, Solomon ;Claus, Otto F. ;Hemm, Francis
- Publisher
- Elsevier
- Year
- 1912
- Weight
- 77 KB
- Volume
- 1
- Category
- Article
- ISSN
- 0898-140X
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## Abstract The SarbanesβOxley Act (SOX) imposed many requirements on audit committees and management. For example, SOX Section 301 requires the audit committee to set up special procedures for handling complaints about accounting, auditing, and internal controls. The author explains what you need
An increasing focus on earnings management, motivations to meet Wall Street earnings expectations, and pressures to project smooth earnings paths were part of the impetus of the Committee's charge. In remarks delivered on September 28, 1998, at the New York University Center for Law and Business, SE