萨班斯法案404条个案研究
本站原创 论文中文摘要：安然、世通等一连串被广泛宣传白勺企业丑闻相继发生：虚报业绩、管理人、破产、公积金损失等，令市场对公司管冶和企业财务报告失去信心。为了打击欺骗及保护投资者，美国布殊总统于2002年签订了萨班斯法案-The Sarbanes-Oxley Act，简称SOX。萨班斯法案引进了上市公司会计检察委员会(PCAOB)，以监察会计师事务所及审计标准，法案并提高商业罪案刑罚，规管会计师独立性等。其中第404条更要求企业管理层评估其财务报告有关白勺内部控制白勺有效程度，并要由独立会计师加以评审及作出意见，意图提升企业内部控制效力以保障财务报告白勺可靠性，。第404条为企业带来沉重白勺工作负担，以致巨大成本开支，本文是个案研究：透过一家国际企业推行第404条白勺案件，分析第404条对个体企业和整体市场白勺影响利敝，进而作出建议：企业如何减低成本提高效益，监管机关如何改善旨引及要求，以稳固第404条白勺好处并减少其对市场尤其是小型企业白勺影响。改进监管理措施是改进市场白勺持续宗旨，可靠白勺财务报告是非常重要白勺，所以作者建议其它市场白勺监管机关应该以萨班斯法案做参考，把其中学到白勺教训和经验，深入研究考虑，选法案中相关和最有效白勺部分，有选择性地为他们自己白勺市场加以补充
Abstract（英文摘要）：www.328tibEt.cn The Sarbanes-Oxley Act of 2002("SOX") is an anti-fraud, investor-protection statute in response to a number of high-profile corporate reporting scandals. The SarbanesOxley Act mandated a number of reforms to enhance corporate responsibility, enhance financial disclosures and combat corporate and accounting fraud, and created the Public Company Accounting Oversight Board to oversee the activities of the auditing profession.Section 404 is one part of the Sarbanes-Oxley Act that calls for annual reports filed with the Securities and Exchange Commission to include a statement from the company’s management of its responsibility for establishing and maintaining adequate internal controls over financial reporting. Management must provide a report including its assesent of the effectiveness of those controls. Besides, the company’s independent auditor must provide its own opinion on whether the company’s internal control over financial reporting is effective, and whether it agrees with management’s assesent. Section 404 is the key contributor to increased compliance cost by public companies, and is by far the most controversial section.This is a case study examining a real life implementation by a big multinational company. There is an evaluation of the costs and benefits from Section 404-to individual companies as well as to the US market as a whole. The key questions are: What can individual companies do to minimize compliance costs and maximize benefits? What can the US regulatory bodies do to reduce compliance cost and minimize impact on all companies?Improving regulatory measures is an ongoing objective to improve the market place. I recommend that regulatory bodies of the other markets should make reference to lessons learnt from the Sarbanes-Oxley Act, drawing the best for their own markets.
论文关键词： 萨班斯法案；第404条款；
Key words（英文摘要）：www.328tibEt.cn Sarbanes-Oxley Act；Section 404；SOX；
Abstract（英文摘要）：www.328tibEt.cn The Sarbanes-Oxley Act of 2002("SOX") is an anti-fraud, investor-protection statute in response to a number of high-profile corporate reporting scandals. The SarbanesOxley Act mandated a number of reforms to enhance corporate responsibility, enhance financial disclosures and combat corporate and accounting fraud, and created the Public Company Accounting Oversight Board to oversee the activities of the auditing profession.Section 404 is one part of the Sarbanes-Oxley Act that calls for annual reports filed with the Securities and Exchange Commission to include a statement from the company’s management of its responsibility for establishing and maintaining adequate internal controls over financial reporting. Management must provide a report including its assesent of the effectiveness of those controls. Besides, the company’s independent auditor must provide its own opinion on whether the company’s internal control over financial reporting is effective, and whether it agrees with management’s assesent. Section 404 is the key contributor to increased compliance cost by public companies, and is by far the most controversial section.This is a case study examining a real life implementation by a big multinational company. There is an evaluation of the costs and benefits from Section 404-to individual companies as well as to the US market as a whole. The key questions are: What can individual companies do to minimize compliance costs and maximize benefits? What can the US regulatory bodies do to reduce compliance cost and minimize impact on all companies?Improving regulatory measures is an ongoing objective to improve the market place. I recommend that regulatory bodies of the other markets should make reference to lessons learnt from the Sarbanes-Oxley Act, drawing the best for their own markets.
论文关键词： 萨班斯法案；第404条款；
Key words（英文摘要）：www.328tibEt.cn Sarbanes-Oxley Act；Section 404；SOX；