The Sarbanes-Oxley Act, introduced by the US Securities & Exchange Commission, was implemented to restore investor confidence in corporate America following the collapse of once-mighty corporations like WorldCom and Enron under a cloud of allegations of fraud and other financial improprieties.
The Act was hastily introduced, but has proved controversial from the outset, particularly with regard to its impact on non-US companies which are listed on US stock markets.
Track all the developments relating to this corporate governance legislation by clicking on the links below.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.