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Sarbanes-Oxley Act Series: Standards, Regulations, and Penalties
Product Code: sarb02 Time: 3.0 hour(s) CEUs: Not Available

Summary:

The Sarbanes-Oxley Act has been called the single most important piece of legislation affecting corporate governance, financial disclosure, and the practice of public accounting since the U.S. securities laws of the early 1930s. This course will provide the learner with an overview of the Act, including changes in listing requirements and penalties for noncompliance that have resulted from it.

Objectives:

  • Identify the makeup of committees defined by the Act
  • Understand penalties for violations of the Act
  • Define codes of ethics
  • Explain what requirements must be fulfilled to ensure independence


Topics:

  • Board of directors
  • Other board committees
  • Audit committee requirements
  • NYSE and Nasdaq requirements
  • Codes of conduct and ethics
  • Standards for directors or officers
  • Auditor independence
  • Oversight of auditors
  • Oversight board and regulation
  • Attorney professional responsibility
  • Protection, misconduct, and penalties

Technical Requirements:

P500+ Processor, 128MB of RAM; Windows 2000, 2003, XP, Minimum screen resolution 800x600, Internet Explorer 5.5 or higher; Windows Media Player 9.0 or higher; Flash 8.0 or higher; 56K minimum connection; broadband (256 kpbs or higher) connection recommended; Javascript, DHTML and cookies enabled; Sound card with speakers or headphones strongly recommended.

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