Accounting Reform Takes Center Stage

2002 Year-in Review

Everyone - Congress, the GAO, the SEC, financial executives, CFO groups, overseas regulatory agencies, the AICPA and other organizations - weighed in on "the new way" that auditors should perform their duties, and CPA firms should be policed. But two people stand out from the crowd and leave their mark - Senator Paul Sarbanes of Maryland and Representative Michael Oxley of Ohio, the authors of the Sarbanes-Oxley Act that will redefine the accounting profession and corporate financial reporting for years to come.

Related Articles

01/18/02 Help For Audit Committees In The Post-Enron Era

01/23/02 Public Oversight Board Agrees To Close Its Doors

01/28/02 GAO Announces New Rules on Auditor Independence

02/04/02 Global Companies Tackle Auditor Independence and Oversight

03/04/02 The Case for Halting the Auditors' Revolving Door

07/01/02 SEC Orders Corporate Officers to Certify Financial Statements

07/10/02 President Bush Plans to Move Accounting Out of The Shadows

07/31/02 President Bush Signs Bill Establishing New Rules For The Accounting Profession

08/26/02 California Enacts New Laws Affecting Accountants

11/22/02 SEC Proposes Innovative Auditor Independence Rules

Continue "2002: The Year in Review."

Go to item 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | Next >>

You may like these other stories...

No matter how much we may want to put them on hold, we all have projects at work we need to start, right? Well, according to a recent survey of human resources (HR) managers by Accountemps, the most productive day of the...
The Ethics Resource Center (ERC) has been conducting nationally representative surveys of ethical attitudes, knowledge, and beliefs in the US workforce since 1994. Its latest comprehensive report, 2011 National Business...
By Ken Berry, Correspondent  Traveling is often physically and mentally taxing. It can also be a taxing experience from, well, a tax perspective. According to a press release by the Global Business Travel...

Upcoming CPE Webinars

Apr 24
In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel.
Apr 25
This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.
Apr 30
During the second session of a four-part series on Individual Leadership, the focus will be on time management- a critical success factor for effective leadership. Each person has 24 hours of time to spend each day; the key is making wise investments and knowing what investments yield the greatest return.
May 1
This material focuses on the principles of accounting for non-profit organizations’ expenses. It will include discussions of functional expense categories, accounting for functional expenses and allocations of joint costs.