Jonathan McHaffie a corporate tax manager in industry and freelance writer looks at how all companies can benefit from the lessons learned from US-listed companies' compliance with Sarbanes-Oxley
Anyone who has participated in competitive sports will probably be familiar with the concept of 'no pain no gain' — possibly being shouted at them by a trainer. The ratio of pain to gain is of course somewhat different for coach and athlete! For UK companies with a US listing compliance with the requirements of the US Sarbanes-Oxley Act (SOX) will undoubtedly have involved a (large) degree of pain and as the first formal audit sign-off could still be almost a year away that pain might well be continuing. However for the majority of UK companies not subject...
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Jonathan McHaffie a corporate tax manager in industry and freelance writer looks at how all companies can benefit from the lessons learned from US-listed companies' compliance with Sarbanes-Oxley
Anyone who has participated in competitive sports will probably be familiar with the concept of 'no pain no gain' — possibly being shouted at them by a trainer. The ratio of pain to gain is of course somewhat different for coach and athlete! For UK companies with a US listing compliance with the requirements of the US Sarbanes-Oxley Act (SOX) will undoubtedly have involved a (large) degree of pain and as the first formal audit sign-off could still be almost a year away that pain might well be continuing. However for the majority of UK companies not subject...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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