MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, July 30, 2007 Investors Want Corporate Accountants to Keep Their SOX On Paul Sarbanes, Maryland's former Democratic senator and chairman of the Senate Banking Committee, and Michael Oxley, a former Ohio Republican who chaired the House Financial Services Committee, are still heros to investors nearly five years after they co-sponsored the Sarbanes-Oxley Act. Dow Jones reports that a telephone survey conducted in July by the Center for Audit Quality found that -- 60 percent of investors are more confident in audited financial information issued by public companies than in the past. In a blow to accountants everywhere, 62 percent also oppose a loosening of the stricter requirements of the bill. Printed from: MFWire.com/story.asp?s=15225 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |