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| April 1 , 2004 | The
Monthly Newspaper of the NYSSCPA |
Vol.
7, No.6 |
| LaValle Amends Legislation to Establish Independent Professional Boards |
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By Dennis O’Leary, Legislative Counsel ALBANY—State Sen. Kenneth LaValle has made significant changes to his bill to create independent state boards for the professions. The primary change to the bill, S.3405-C, which passed in its former version in the Senate last June but did not advance in the Assembly, is that the Board of Regents would continue to appoint the professional members of state boards. |
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| Sarbanes-Oxley Helps Guide Public Authority Reform Proposal |
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By Jay Dismukes and Kate Prouty NEW YORK—
In drafting his recently issued proposal to make New York’s
public authorities more accountable, State Comptroller Alan G. Hevesi
continued the trend of numerous reform initiatives that have looked
to the Sarbanes-Oxley Act of 2002 as the legislative archetype for
enacting business changes. Continue... |
| PCAOB Approves Internal Control Standard |
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WASHINGTON,
D.C.—The Public Company Accounting Oversight Board last month
unanimously approved its much-discussed internal control audit standard.
Continue... |
| FAE Folio |
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There are several sections in the Sarbanes-Oxley Act of 2002 that deal directly with the offense of destroying documents or impeding investigations related to acts involving public companies. If an incident occurs, the government investigates, and cooperation is not only necessary or expected, it’s mandated. Continue... |
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