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Sarbanes-Oxley from Pitt’s point of view

Sarbanes-Oxley from Pitt’s point of view

by Rick Turoczy on April 15, 2006

The Sarbanes-Oxley Act is a lot like the weather: Everyone talks about it, but no one does anything about it. That’s too bad. The statute was hastily — and, therefore, badly — drafted; but it was, and remains, necessary. In particular, it did two important things. It provided a framework for private-sector regulation of the accounting profession in the form of the PCAOB, and it mandated that all public companies (and their outside auditors) annually…

Sarbanes-Oxley from Pitt’s point of view

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