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Sarbanes-Oxley News & Developments
CFOs Report Hefty Post-Sarbanes HiringRespondents to a new survey also overwhelmingly support the Enron verdicts and propose sentences of 20-plus years.
> > Corporate finance staffing at public companies has increased by 68% since Sarbanes-Oxley was implemented in 2002, according to the latest quarterly survey of chief financial officers conducted by Financial Executives International and the Baruch College Zicklin School of Business.
Staffing also increased at private companies, but by only 15%. It also appears that the hiring pool is being drained of quality talent; 63% of respondents said that it has become more difficult to find qualified candidates to fill vacant positions.
Source: CFO
Published:2006-06-23
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