Corporate
Mar. 30, 2004
New Bill Would Affect the Governance of Nonprofits
Column - Good Company - By Jill S. Dodd - Congress enacted the American Competitiveness and Corporate Accountability Act (commonly known as "Sarbanes-Oxley") in response to widely reported corporate and accounting scandals. Sarbanes-Oxley's principal purpose was to restore public confidence in the financial reporting of publicly traded companies. With limited exceptions, Sarbanes-Oxley did not apply to nonprofit organizations.
Good Company
By Jill S. Dodd
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