Reaction to Sarbanes-Oxley ... Then and Now

July 2012
Financial Executive;Jul2012, Vol. 28 Issue 6, p41
Academic Journal
An interview is presented with Denny Beresford, former chairman of the Financial Standards Accounting Board (FASB). Beresford states that he was not surprised by any of the features of the U.S. Sarbanes-Oxley corporate finance and accounting law when it was enacted in 2002. He discusses the initial reaction to the law of board of directors of which he was a member. Beresford says that improvements in corporate governance and internal controls are the most positive aspects of the law.


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