TITLE

Disclosure Committees Becoming Widespread

AUTHOR(S)
Marshall, Jeffrey; Heffes, Ellen M.
PUB. DATE
November 2003
SOURCE
Financial Executive;Nov2003, Vol. 19 Issue 8, p12
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article focuses on some of the key issues concerning disclosure committees in corporate governance. The author provides the results of a survey on the formation of disclosure committees conducted by Protiviti Inc. and notes the high percentage of large companies that barred external auditors from performing non-audit services. The author also discusses some of the financial challenges companies are facing due to the implementation of and the necessary compliance with, the Sarbanes-Oxley Act. The regulation largely deals with the auditing functions of a company and some Chief Financial Officers have suggested that compliance could cost companies over $1 million.
ACCESSION #
11545467

 

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