The House Financial Services Committee, Capital Markets Subcommittee, has announced it will convene a hearing on July 26 at 9:30 am to mark the 10th anniversary of the Sarbanes-Oxley Act.
Long-time followers of the FEI blog may recall the blog was first formed in 2004 to follow actions with respect to the Sarbanes-Oxley Act, particularly Section 404 on internal control reporting. Among other Sections of the Act with which our readers are fairly familiar are the requirements for CEO and CFO certifications, the formation of the PCAOB, and the requirements to include a financial expert on audit committees. Over the years the blog branched out into other areas of accounting/regulatory reporting standard-setting and rulemaking.
According to the press release issued earlier this week by the House Financial Services Committee, the upcoming Sarbox hearing on July 26 aims "to examine the burdens and benefits of the Sarbanes-Oxley Act."
Watch for updates on the hearing on the House Financial Services Committee website.
See also our earlier post (Sarbanes-Oxley A Decade Later: News and Views) which references the cover story in the July-August issue of Financial Executive magazine.