Corporate & Securities Law

Sarbanes Oxley compliance becoming easier

US companies are improving their compliance to the Sarbanes Oxley act, according to new research released this week.

The Sarbanes Oxley legislation was signed into US law on the 30th July 2002 after data scandals such as those involving Enron, Tyco International and WorldCom, created a need for corporate governance. The Act imposed regulatory requirements on enterprises and established stricter reporting processes and increased transparency.

Compliance Week, a US corporate governance newsletter, has released data showing a 44.2 per cent drop in compliance weaknesses from two years ago.

Full post as published by inside Sarbanes Oxley on December 04, 2007 (boomark / email).