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Legal corner.(reveiw of aspects of business law)
Reducing Credit Risk: Are Your Publicly Traded Customers' Financial Statements More Reliable in Light of New Federal Legislation?
A Review of the Sarbanes-Oxley Act of 2002 and What It Means to the Credit Professional
Headlines of corporate fraud within public companies, from Enron to Adelphia to WorldCom, has prompted the U.S. Congress to overwhelmingly pass federal legislation providing for accounting reform and requiring more accurate financial disclosure and reporting from public companies. This new federal legislation penetrates the area of corporate governance, which traditionally had been left to the states. President Bush has stated that ...
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