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Sarbanes-Oxley News & Developments

2006-03-28

Raytheon Ex-Exec to Settle with SEC

Investigation concerns 'alleged improper disclosure and accounting in 2000 and 2001 for the deteriorating market for a line of aircraft manufactured by a Raytheon subsidiary.'

2006-03-28

Dishonest Opinion

Former KPMG partner David Rivkin pleads guilty to writing opinions supporting illegal tax shelters; faces 10 yrs in prison.

2006-03-24

Squeezed by the SEC

A former Qwest accountant says the SEC sued him after he failed to provide evidence against his bosses.

2006-03-24

TV Guide CEO Liable For Fraud

Once cited for stalling the investigation of the SEC, ex-CEO now faces penalty for committing fraud.

2006-03-24

Compliance Costs 'Easing,' Says Survey

More than half of respondents expect Sarbanes-Oxley to cost their companies less in 2006.

2006-03-24

In China, You Better Watch Out

Staying out of the Foreign Corrupt Practices Act penalty box requires a vigilant prevention program.

2006-03-24

A Small Uproar over 404

Two CFOs sound off about the disconnect between the costs and benefits of complying with the internal-controls provision.

2006-03-16

Watkins: Lay Lied

The ex-CEO of Enron misled investors, the author of the famous Enron whistleblower memo testified.

2006-03-15

CVS Finance Execs Resign amid SEC Probe

The treasurer and controller of CVS quit after an internal inquiry into a six-year-old accounting transaction.

2006-03-15

Big Bucks for Big-company Finance Chiefs

What the CFOs of Citigroup, Golden West Financial, Wyeth, Harrahs, and Coca-Cola took home last year.

2006-03-15

UPS Warns of Bribery Violations

Shipping giant says a business it acquired in 2001 may have violated the Foreign Corrupt Practices Act.

2006-03-07

Kroger Restates Due to Tax Accounting

Supermarket giant is one of a growing number of companies being forced to admit that they have done their taxes wrong for years.

2006-03-07

Small Businesses Hit by Budget Cuts

Nearly half of federal programs are slated for outright termination, says a House committee; 'no small business sector has been spared in this budget request.'

2006-03-02

At Enron, a Lie Is a Lie Is a Lie

Defense attorney Daniel Petrocelli hammers on the repeated lies of David Delainey.


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Capital Markets Report Urges 404 Fixes
A panel says changes in the way Sarbanes-Oxley has been applied will improve the competitiveness of the U.S. capital markets.

Wal-Mart Whistleblower Drops Lawsuit
Former executive still has a whistleblower case pending before the Labor Department.

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The View from the Other Side
Can IT live up to the expectations for governance, compliance, and revenue generation of a CFO?


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