... Act are: the creation of the PCAOB (public company accounting oversight board), the new standards for auditor committee and auditor independence, the requirement for executives to certify all financial statements, enhanced financial disclosure requirements, and higher penalties for securities fraud (Cernusca). The most influential and important feature imposed by SOX was the creation of the PCOAB (Jickling). The PCOAB is a board ... ...

• Word Count: 3410
• Approx Pages: 14
• Has Bibliography
• Grade Level: Graduate

... common perks include company cars or a car allowance, various club memberships, cellular phones, laptops or personal computers, financial planning and tax preparation services, tickets to sporting and entertainment events and enhanced supplemental health and welfare plans. Perks that have developed recently include deferred-pay programs, often called "top-hat" plans, in which executives defer $1 million plus salaries into loosely regulated plans ... ...

• Word Count: 403
• Approx Pages: 2
• Grade Level: Graduate