Corporate Governance Post Sarbanes-Oxley introduces a corporate governance structure consisting of seven interrelated mechanisms of oversight: managerial, compliance, audit, advisory, assurance, and monitoring. It begins with a discussion of the new requirements for corporate governance and financial reporting brought about by Sarbanes-Oxley and then shows how a well-balanced functioning of the seven mechanisms produces a responsible corporate governance structure that ensures quality financial reporting and credible audit services. Each chapter contains checklists, real-world case studies, and best practice tips. Tentative contents follow: Chapter 1: The importance of effective corporate governance to our capital markets, economy, and society. Chapter 2: Ways to restore public confidence in corporate governance, the financial reporting process, and related audit functions. Chapter 3: Oversight function of corporate governance Chapter 4: Managerial function of corporate governance Chapter 5: Compliance function of corporate governance Chapter 6: Audit function of corporate governance Chapter 7: Advisory function of corporate governance Chapter 8: Assurance function of corporate governance Chapter 9: Monitoring function of corporate governance Chapter 10: Relevant cases pertaining to corporate governance, financial reports, audit ethics, and fraud
Book Details:
- Author: Zabihollah Rezaee
- ISBN: 9780470107447
- Year Published: 2006
- Pages: 448
- BISAC: BUS104000, BUSINESS & ECONOMICS/Corporate Governance
About the Book and Topic:
Corporate Governance Post Sarbanes-Oxley introduces a corporate governance structure consisting of seven interrelated mechanisms of oversight: managerial, compliance, audit, advisory, assurance, and monitoring. It begins with a discussion of the new requirements for corporate governance and financial reporting brought about by Sarbanes-Oxley and then shows how a well-balanced functioning of the seven mechanisms produces a responsible corporate governance structure that ensures quality financial reporting and credible audit services. Each chapter contains checklists, real-world case studies, and best practice tips. Tentative contents follow: Chapter 1: The importance of effective corporate governance to our capital markets, economy, and society. Chapter 2: Ways to restore public confidence in corporate governance, the financial reporting process, and related audit functions. Chapter 3: Oversight function of corporate governance Chapter 4: Managerial function of corporate governance Chapter 5: Compliance function of corporate governance Chapter 6: Audit function of corporate governance Chapter 7: Advisory function of corporate governance Chapter 8: Assurance function of corporate governance Chapter 9: Monitoring function of corporate governance Chapter 10: Relevant cases pertaining to corporate governance, financial reports, audit ethics, and fraud
The passage of Sarbanes-Oxley has brought about a fundamental shift in the way companies must govern themselves. The responsibilities for these higher standards of governance are shared by the auditors, top-level executives, and board directors. What is needed to meet these new requirements is a model that makes it possible for Corporate Directors to ensure that appropriate checks and balances are in place throughout and organization.
Foreword by Lynn Turner, former Chief Accountant of the SEC. Discusses implications of Sarbanes-Oxley and other new regulations on corporate governance roles and responsibilities. Provides a corporate governance and financial reporting model that makes following the new requirements manageable throughout all levels of an organization. Includes case studies and checklists throughout the book as practical aids to implementing new methods.
About the Author
Zabihollah Rezaee CPA, CFE, CIA, (Memphis TN) is the Thompson-Hill Chair of Excellence and Professor of Accountancy at the University of Memphis. Professor Rezaee was recently nominated to serve on the Standing Advisory Group of the new Public Company Accounting Oversight Board (PCAOB) and has published over 135 articles in a variety of accounting and business journals, such as the Journal of Accounting and Economics, Journal of Business, Finance and Accounting, Journal of Accountancy, Journal of Accounting, Auditing and Finance, Management Accountants, Internal Auditor, Advances in Accounting, Advances in Public Interest and Accounting, and Forensic Accounting.