Senator Paul Sarbanes of Maryland

LOS ANGELES (Reuters) - Whistleblowers must show only that they called attention to what they believed was fraud in order to sue their employers for wrongful termination under the Sarbanes Oxley Act, an appeals court ruled on Thursday. The court also made it clear that the plaintiffs, two former in-house lawyers for International Game Technology, can use confidential information in their lawsuit. The case offered the Ninth U.S. Circuit Court of Appeals a first stab at defining the requirements employees must meet under a whistleblower provision of the Sarbanes Oxley Act. Shawn Van Asdale and his wife, Lena Van Asdale, served as intellectual property ... Read Full Story

Michael G. Oxley, a former congressman known for the landmark Sarbanes-Oxley anti-fraud legislation, has been elected chairman of the board of directors of the Ethics Resource Center. The nonprofit center bills itself as the nation's oldest nonprofit, nonpartisan research organization devoted to business ethics and ethics in the workplace. Oxley, an Ohio Republican who rose to become chairman of the U.S. House Financial Services Committee during a 25-year congressional career, is currently counsel in the Washington, D.C. office of law firm Baker Hostetler and serves as senior adviser to the board of Nasdaq OMX Group Inc. Oxley and Sen. Paul Sarbanes, D-Md., were the ... Read Full Story

This white paper will discuss how to keep accurate fixed asset records while complying with applicable tax laws and regulations for acquiring, depreciating, and disposing of assets. In 2002, Congress passed new regulations designed to improve corporate governance of public corporations and reduce fraudulent corporate financial reporting. The US Public Company Accounting Reform and Investor Protection Act of 2002, commonly referred to as the Sarbanes-Oxley Act, hopes to rebuild investor confidence in public corporations after the wave of high publicity corporate accounting scandals that began with the Enron crisis. The Sarbanes-Oxley Act places new burdens on corporations, imposes strict penalties for non-compliance, and holds ... Read Full Story

Complete Guide to Sarbanes-Oxley: Understanding How Sarbanes-Oxley Affects Your Business By author Bainbridge * Publisher: President Media * Number Of Pages: 272 * Publication Date: 2007-04-30 * ISBN-10 / ASIN: 1598692674 * ISBN-13 / EAN: 9781598692679 Product Description: Congress passed the Sarbanes-Oxley Act in salutation to field joint and playing scandals–and some study the behave to be the most momentous modify in joint organization and securities regulations in the time cardinal years. SOX requirements hit brought most far-reaching changes for open corporations, clannish corporations, and nonprofits. Every trainer and administrator should be alive of how the playing genre module be affected. The Complete Guide ... Read Full Story

While many companies have integrated Sarbanes-Oxley controls and procedures into daily business processes, monitoring, reporting and testing is frequently still being done manually. Automation of these processes becomes essential as companies strive to achieve Sarbanes-Oxley compliance more cost-effectively with every audit. nCircle helps companies realize operational costsavings through automation of monitoring, reporting and testing processes. Taking the "people" out of these processes reduces ongoing operating expenses. Freed up from mundane tasks such as data gathering and report generation, IT teams can focus proactively on high priority risks and minimizing network noncompliance. Read Full Story