The Sarbanes-Oxley Act of 2002

Two years after President George W. Bush signed the Sarbanes-Oxley Act 2002 into law, Accounting professionals are still attempting to assess the impact.  Experts agree that the new regulations have succeeded in increasing management’s knowledge about the accounting process and internal-control structures.  It is also clear, however, that the new legislation has increased expenses—particularly audit fees.

There’s a troll under the bridge