Discover How Sarbanes-Oxley Can Increase Profits

When government legislates business practice there is always controversy. People have strong beliefs on the subject of what laws are within the government's right to legislate and enforce. This forum is not about that debate. Simply stated: Sarbanes-Oxley is law and the intent of the law is to legislate sound business practice.

Certain members of Congress felt compelled to draft legislation addressing business controls and ethics. This motivation was driven by the  results of Enron including the demise of a worldwide organization with more than 30,000 employees. Of course that organization was Arthur Andersen & Co. ( the author of this report was employed by Arthur Andersen between 1979 and 1989).

There are two compelling interesting questions here:

1.Can Congress legislate ethics,  and 2. Should Congress legislate ethics?

Well if you were expecting some earth shattering revelation in this forum on those two questions, you are seriously mistaken. If you want to learn my view on those two questions, buy me single malt scotch (several actually) and a great dinner. My point for this  forum is simply this: Sarbanes-Oxley is a law that details the controls that must be in place in companies whose stock is  traded on one of the major stock exchanges. The law is in effect now.

Operate You Business Considering The Intent of Sarbanes-Oxley and You Will Not Only Make More Money - You Will Also Be In Compliance. This applies to companies who must comply with Sarbanes-Oxley and those who should comply.

More to come.