Download now Free registration required
Off late high-profile accounting and management scandals in the commercial sector have given rise to legislative action to improve internal controls over financial reporting for companies participating in the financial markets. The Sarbanes-Oxley Act of 2002 is the most recognizable of these initiatives, and it held implications for both public and private institutions to improve oversight for financial management and reporting. Additional laws and regulations have been passed since 2002, outlining requirements for establishing and maintaining internal controls for Federal agencies. The most notable of these is the Office of Management and Budget's (OMB) Circular A-123.
- Format: PDF
- Size: 981.5 KB