Sarbanes-Oxley Five Years Later
Dr. Scott Miller President Wesley College Dr. Marylouise Fennell Senior Counsel Council of Independent Colleges Can you remember a time before ?transparency? and ?accountability? became household words? In fact, it?s already been five years since Congress passed the Sarbanes-Oxley Act of 2002 in the wake of the Enron and related corporate financial scandals, and although that legislation does not apply directly to colleges, universities and other nonprofits, it has profoundly influenced?some would say ?transformed?? he way we now conduct business. Presidents and CFOs of more than 30 institutions nationwide have been a part of several focus/pilot groups working to adapt […]
» Read more