Sarbanes-Oxley Act of 2002

The act was written with the intent to produce financial and ethical standards for Corporate America.  There are 11 parts to this act that was signed into law on July 30, 2002.  Although the majority of the act is specific to accounting practices, there are some direct implications for Compensation and Benefits professionals.

http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=107_cong_bills&docid=f:h3763enr.tst.pdf  (Full text on act)

www.whitehouse.gov/infocus/coporateresponsibility  (White House info on new act)

http://www.aicpa.org/info/sarbanes_oxley_summary.htm (The American Institute of Certified Public Accountants summary sheet)