Background of the Sarbanes-Oxley Act of 2002 in .NET framework

Creation Code 39 in .NET framework Background of the Sarbanes-Oxley Act of 2002
1
Code 3/9 Decoder In Visual Studio .NET
Using Barcode Control SDK for Visual Studio .NET Control to generate, create, read, scan barcode image in .NET applications.
Background of the Sarbanes-Oxley Act of 2002
Creating Code-39 In .NET Framework
Using Barcode generator for .NET framework Control to generate, create Code39 image in Visual Studio .NET applications.
Ethical handling of any actual or apparent conflicts of interest Compliance with all applicable laws, rules, and regulations Internal reporting of code of ethics violations Financial Expert Disclosure Since the effectiveness of any company s audit committee is dependent upon the committee s level of knowledge and expertise in matters related to auditing and financial issues, Section 407 requires the company to disclose annually in reports filed with the SEC whether at least one member of its audit committee has sophisticated financial expertise and can be considered an audit financial expert The required qualifications for being an audit financial expert include: Understanding of GAAP and financial statements Experience in preparing, auditing, analyzing, or evaluating financial statements at or beyond the level of complexity of the company s financial statements Understanding of internal controls and procedures for financial reporting Understanding of audit committee functions Titles V, VI, VII: Analyst Conflicts of Interest, Commission Resources and Authority, Studies and Reports Titles V, VI, and VII primarily provide details regarding security analysts, appropriations, and various studies and reports performed by the GAO and others While these titles are important components of SOX, they are not directly relevant to the behavior of public companies, nor do they apply to nonprofits These titles will thus not be discussed in any detail Title VIII: Corporate and Criminal Fraud Accountability Act of 2002 Title VIII, also referred to as the Corporate and Criminal Fraud Accountability Act of 2002, creates criminal penalties for fraud and document destruction, provides protection for whistleblowers who provide evidence of fraud, specifies that debts incurred in violation of securities fraud laws are nondischargeable (Section 803), extends the statute of limitations on securities fraud claims, and creates a new crime for defrauding shareholders of publicly traded companies (Section 807) Document Destruction Section 802 amends the federal obstruction of justice statute It is now a felony to knowingly destroy, conceal, cover up, add to, or falsify documents or records in order to impede or obstruct any federal investigation or bankruptcy proceeding While
Decoding Code 39 Extended In Visual Studio .NET
Using Barcode recognizer for .NET framework Control to read, scan read, scan image in VS .NET applications.
Analysis of the Legislative and Regulatory Content of SOX
Bar Code Creation In Visual Studio .NET
Using Barcode generation for Visual Studio .NET Control to generate, create bar code image in VS .NET applications.
destruction of documents with intent to obstruct a federal investigation was already a criminal offense under the existing statute, the statute only applied to ongoing investigations The new offense also covers contemplated investigations and provides for the imposition of fines, imprisonment for up to 20 years, or both, for the violation of the statute Preservation of Audit Materials Auditors can also be charged with a felony if they fail to retain all audit and review work papers and materials for a period of five years from the end of the fiscal year in which the audit was conducted Section 802 provides for the imposition of fines, imprisonment for up to ten years, or both, for the violation of the statute Whistleblower Protection Under Section 806, employees of public companies and accounting firms who disclose private company or firm information as evidence of accounting or auditing violations or fraud to a supervisor, federal regulator, law enforcement agency, or member of Congress are extended whistleblower protection Under whistleblower protection, it is unlawful for the employer to discriminate against the employee in any manner if that employee engaged in the protected activity Discrimination includes actions such as discharge, demotion, suspension, threats or harassment, blacklisting, and disciplinary actions Under this section, whistleblowers are granted a remedy of special damages and attorney s fees The PCAOB has established the Center for Enforcement Tips, Complaints, and Other Information to provide employees with an easy avenue for submitting evidence to the PCAOB (PCAOB, 2003) Extended Statute of Limitations The statute of limitations for claims of securities fraud is extended under Section 804 Previously, the statute of limitations was three years from the time the fraud was committed, or one year after the fraud was discovered Section 804 extended the limitations to the earlier of five years from the time the fraud was committed, or two years after the fraud was discovered Title IX: White-Collar Crime Penalty Enhancements Act of 2002 Title IX, also referred to as the White-Collar Crime Penalty Enhancements Act of 2002, creates or enhances penalties for a variety of white-collar crimes Section 902 extends the penalties for actually committing the crime or violation to cover individuals who only attempt or conspire to commit the crime or violation Section 903 increases the penalties for wire and mail fraud from five years to 20 years; Section 904 increases the fine and penalties for violations of Section 501 of the Employee Retirement and
Barcode Recognizer In .NET
Using Barcode decoder for .NET framework Control to read, scan read, scan image in .NET applications.
Paint Code 3/9 In C#
Using Barcode generation for Visual Studio .NET Control to generate, create Code 39 Extended image in Visual Studio .NET applications.
Make Code 3 Of 9 In VB.NET
Using Barcode generation for .NET Control to generate, create Code39 image in .NET applications.
Print GTIN - 13 In VS .NET
Using Barcode creation for .NET framework Control to generate, create EAN / UCC - 13 image in VS .NET applications.
Make Leitcode In Visual Studio .NET
Using Barcode maker for VS .NET Control to generate, create Leitcode image in .NET applications.
Draw Code-128 In VB.NET
Using Barcode generation for Visual Studio .NET Control to generate, create Code 128 Code Set B image in .NET framework applications.
UPC Symbol Printer In Java
Using Barcode encoder for Java Control to generate, create GTIN - 12 image in Java applications.
Bar Code Printer In Visual C#
Using Barcode drawer for .NET framework Control to generate, create bar code image in Visual Studio .NET applications.
Scan Barcode In .NET
Using Barcode decoder for .NET framework Control to read, scan read, scan image in .NET applications.