Resources for Sarbanes-Oxley (SOX)

A Vote of Support for Sarbanes-Oxley

www.portfolio.com

Debate has raged over whether cracking down on corporate fraud meant Sarbanes-Oxley's stringent provisions would unfairly burden businesses. While a new survey on corporate audits certainly doesn't settle the issue, it found that most members of public companies' audit committees believe that audits now are "very good" or "excellent."

And 82 percent of those participating think audit quality has improved in recent years, according to an online survey conducted in January and February by the Center for Audit Quality, an organization that is affiliated with the American Institute of Certified Public Accountants.

Little more than half of the 253 committee members responding — all of whom had served on at least one company audit committee last year — said overall audit quality is "very good," and 25 percent said it is "excellent," according to the survey.

View the Resource

Share or bookmarklet this web page at: