Sarbanes-Oxley Act of 2002 was passed largely in response to the scandal that erupted at Enron. As Coalson (2008) notes, “supporters of the Act hoped it would usher in a new era in corporate governance and restore investor confidence in publicl Continue Reading...
Corporate Governance Two different, yet related corporate governance definitions have been presented in this paper (Mallin, 2006: 3). Sometimes they cause confusions and controversy and ultimately affect the implementation of tightening of governanc Continue Reading...
Accounting and Audit Enforcement 1. The Sarbanes-Oxley Act applies to publicly-traded companies. Thus, it does not apply to non-profit entities. Nor does it apply to for-profit entities that are not publicly-traded. This is because SOX was passed spe Continue Reading...
Securities Regulation SECURITIES REGULARIZATIONS IN NON-PROFIT ORGANIZATIONS The ensuring of the fact that an organization is working as per regulations and is following the code of conduct, while keeping the interest of the public first, are matte Continue Reading...
The past two decades have witnessed the non-profit sector being destabilized by three financial disruptions. However, the Intermediate Sanctions Act, Sarbanes-Oxley, fresh security exchange laws, and other associated governance reforms have only rece Continue Reading...
A review of Mission-based management: Leading your nonprofit in the 21st century, by Brinckerhoff. Introduction World-famous writer, consultant, and trainer Peter Brinckerhoff’s whole career has been focused on working around, for, and in nonpr Continue Reading...
Texas have inspired discussion about the pay of public officials. State representative Terry Keel, claiming to be cutting expense corners, said that he would block a bill to increase the pay of Texas judges. In an as-yet-unresolved conflict of stori Continue Reading...
Nonprofit Governance The Family Christian Association of America (FCAA), Inc. is under the governance of a state wide corporate board of directors, composed of 30 volunteers from various professional disciplines. This board is responsible for the cr Continue Reading...
