Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7340389 | Advances in Accounting | 2014 | 6 Pages |
Abstract
This paper examines whether certain provisions of the Sarbanes-Oxley Act (SOX, 2002) should be expanded to include state and local governmental entities. Surveying governmental financial officials (GFOs) and their external auditors to gauge support for SOX-like legislation for governmental entities, we find the strongest support for auditor independence rules similar to SOX, management assessment of, and reporting on, internal controls, and severe penalties for destruction of records, fraud, and failure to report fraud.
Keywords
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Accounting
Authors
Alan Reinstein, Mohammad J. Abdolmohammadi, Stefanie L. Tate, Cathleen L. Miller,