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Finance as the great communicator: effective financial communication in today's business environment.(selected topic)

Business Credit

| July 01, 2004 | COPYRIGHT 2004 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

By Kelly Financial Services

As the stories of failed safeguards that allowed fiascos like Enron, WorldCom and Arthur Andersen to fill the front pages of newspapers and become the lead segments of evening newscasts around the country, many wondered what Congress, as well as the Securities and Exchange Commission could do to restore the faith of investors in public markets.

The result was the Sarbanes-Oxley Act of 2002.Among file many things the Act did was to force corporate executives to be proactive and accountable when it comes to a company's communication of its financial position.

"The idea behind Sarbanes-Oxley is to resurrect the ...

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