塞班斯法案的基本概述及同内部审计的关系(english version)

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1、WhatAretheMainFeaturesoftheSarbanes-OxleyAct?TheSarbanes-OxleyActof2002cameinthewakeofseveralhigh-profilecorporateaccountingscandals,includingthoseinvolvingEnron,WorldComandTycoInternational.Confidenceinpubliclytradedcompaniescollapsedwhenthemediarevealedth

2、edetailsofunethicalinsidertrades,corporatehubrisandcorruptionofoutsideauditors.CongressenactedtheSarbanes-OxleyAct,namedafterSen.PaulSarbanes(D-Maryland)andRep.MichaelOxley(R-Ohio),toreininsuchpractices.1.GreaterOversightofAccountingPracticesoTheactcreatedt

3、hePublicCompanyAccountingOversightBoard.Theboardregulatesandinspectspublicaccountingfirmsthatdealwithpubliclytradedcompanies.TheactalsorequiresCEOsandchieffinancialofficerstoestablishinternalaccountingcontrolsasameanstopreventfraudandmalfeasance.Theseintern

4、alcontrolsummariesmustbeincludedinfinancialreportstoincreasecorporatetransparency.Falsestatementsontheseinternalcontroldocumentsmaysubjectcompanyexecutivestocriminalpenalties.IncreasedindependenceofauditorsandanalystsoSarbanes-Oxleylessenstheinfluencecompan

5、ieswieldoverauditorsandaccountingfirms.Inprevioussituationsofcorporatereportingfraud,investigatorsfoundinappropriatelyclosebusinessrelationshipsbetweensomecompaniesandthefirmsthatauditedthem.Thisgavetheauditorsafinancialincentivetoportraythecompanyinapositi

6、velight.Sarbanes-Oxleybasicallyallowsauditingofauditorsasanoversighttechnique.IncreasedPenaltiesforCorporateCrimeoSarbanes-OxleyallowstheSecuritiesandExchangeCommissiontopenalizeorbarsecuritiesprofessionalsforinappropriatebehavior,suchasinsidertrading.Thela

7、walsoallowstheSECtopunishexecutiveswhoviolateregulations.TheSECmaybarexecutivesconvictedunderSarbanes-Oxleyfromdirectorshipsorofficershipsinpubliccompanies.Theactincreasedprisonsentencesandfinesforanumberofcorporatecrimes.Italsoextendedthestatuteoflimitatio

8、nsforshareholderstosueforfraudordeceitperpetratedbythecompany.TighterControlsonInsiderActivityoTheactplacesgreatercontrolsoninsideractivities.TheSECdefinesaninsiderasanexecutiveofficer,adirectororashar