The Trusted Professional

NEW YORK—At a March meeting of its Committee on Higher Education and Professional Practice in Albany, the New York State Board of Regents announced, after a full briefing on new professional rules, that they would defer a major provision to align the state regulations covering entities not currently covered by Sarbanes-Oxley (SOX) with those set forth by SOX.

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SOX May Be Scaled Down for Smaller Companies

By Stephanie R. Myers

WASHINGTON—In a exposure draft made public for comment last month, the Securities and Exchange Commission’s Advisory Committee on Smaller Public Companies recommended that the SEC should “establish a new system of scaled or proportional securities regulation for smaller public companies” in regards to compliance with the Sarbanes-Oxley Act of 2002. Continue...

Pataki Expands Reporting on State Contracts

By Forrest Whitesides

NEW YORK—On March 21, Governor George E. Pataki signed into law a bill that will require state agencies to report additional details of their use of outside contractors for consulting services. Continue...

President's Commentary

The Society has the opportunity, through the dedicated work of its members, to have a strong voice in the dialogue that shapes the accounting profession by issuing comment letters in response to regulatory and legislative proposals from standards-setting bodies. But not only is this an opportunity for our organization, it is also a responsibility. Continue...

Chapter Newsletters

MANHATTAN/BRONX

Message from the President

MIDHUDSON

Message from the President

NASSAU

Message from the President

ROCKLAND

Message from the President

SYRACUSE

Message from the President