| |
What is Sarbanes-Oxley? What does it mean to corporations and
information managers? (Download full
version here)
On July 30, 2002, President George W. Bush signed into law,
legislation that changed the corporate landscape in the United
States. The Sarbanes-Oxley Act of 2002 attempts to address many of
the issues raised by the Enron and Arthur Andersen matters. It is
imperative that every information and records manager understand the
implications of Sarbanes-Oxley - their departments, their
organizations, and even their jobs may depend on it.
In addition to establishing records retention requirements for
audit papers, the law creates a new oversight board for accounting
firms auditing publicly traded companies. It also addresses auditor
independence, corporate responsibility at publicly traded companies,
financial disclosures of publicly traded companies, and conflicts of
interests of financial analysts. The new law also creates
protections for "whistleblowers" at publicly traded companies and
imposes new criminal penalties relating to fraud, conspiracy, and
interfering with investigations.
The following documents are provided to help records and
information managers informed of the development of regulations
related to the Sarbanes-Oxley Act and their potential impact on how
organizations manage their information:
General Information
Retention Rules
Return to Top |
