一、内部控制概述
美国企业改革法（Sarbanes—Oxley Act of 2002，又称《萨班斯-奥克斯利法案》，或简称SOX法案）404条规定：经营者有关公司财务报告的内部控制的评价结果——《内部控制报告》，需要在年度报告中加以披露；外部审计...一、内部控制概述
美国企业改革法（Sarbanes—Oxley Act of 2002，又称《萨班斯-奥克斯利法案》，或简称SOX法案）404条规定：经营者有关公司财务报告的内部控制的评价结果——《内部控制报告》，需要在年度报告中加以披露；外部审计机构需要揭示经审计的《内部控制审计报告》。这是美国审计制度的重大变迁，是安然等公司丑闻发生之后的制度完善之举。在SOX法案颁布前，美国对内部控制的评价主要从审计的技术角度出发，此时对内部控制的评价是制度基础抽样审计的需求。审计人员根据对内部控制制度的评价结果来确定财务报告实质性测试的性质、时间和范围，内部控制的评价是财务报告审计的附属工作，内部控制的评价并不是单独委托的独立鉴证业务，也不需对内部控制出具独立的审计报告。与此同时被审计单位的经营者也无需对本公司的内部控制作出自我评价报告。展开更多
Responding to a series of public companies’ corporate and accounting scandals, the United States federal government has passed the Sarbanes-Oxley Act, a significant federal act in corporate governance. This paper com...Responding to a series of public companies’ corporate and accounting scandals, the United States federal government has passed the Sarbanes-Oxley Act, a significant federal act in corporate governance. This paper comments on the important provisions of the Act and analyzes the governance characteristics and failures of public companies that the Act seeks to address and redress for the betterment of corporate governance. Most notably, the Act can be seen as taking corrective disclosure measures to enhance the ability of the boards of public companies to adequately monitor complex corporate finance transactions with the off-balance transactions of the SPEs being the chief component; imposing a more stringent level of management duties on the board and management to improve governance effect and efficiency; adopting non-market forces to restrain and counter-balance the powers of the board and management; and further strengthening public governance oversight functions by the SEC. The Act marks a new round of federal legislative efforts in dealing with the challenges posed by the intricacies of handling the relationships between and among the board, management, and shareholders in modern, especially large modern public companies of our times.展开更多
文摘一、内部控制概述
美国企业改革法（Sarbanes—Oxley Act of 2002，又称《萨班斯-奥克斯利法案》，或简称SOX法案）404条规定：经营者有关公司财务报告的内部控制的评价结果——《内部控制报告》，需要在年度报告中加以披露；外部审计机构需要揭示经审计的《内部控制审计报告》。这是美国审计制度的重大变迁，是安然等公司丑闻发生之后的制度完善之举。在SOX法案颁布前，美国对内部控制的评价主要从审计的技术角度出发，此时对内部控制的评价是制度基础抽样审计的需求。审计人员根据对内部控制制度的评价结果来确定财务报告实质性测试的性质、时间和范围，内部控制的评价是财务报告审计的附属工作，内部控制的评价并不是单独委托的独立鉴证业务，也不需对内部控制出具独立的审计报告。与此同时被审计单位的经营者也无需对本公司的内部控制作出自我评价报告。
文摘Responding to a series of public companies’ corporate and accounting scandals, the United States federal government has passed the Sarbanes-Oxley Act, a significant federal act in corporate governance. This paper comments on the important provisions of the Act and analyzes the governance characteristics and failures of public companies that the Act seeks to address and redress for the betterment of corporate governance. Most notably, the Act can be seen as taking corrective disclosure measures to enhance the ability of the boards of public companies to adequately monitor complex corporate finance transactions with the off-balance transactions of the SPEs being the chief component; imposing a more stringent level of management duties on the board and management to improve governance effect and efficiency; adopting non-market forces to restrain and counter-balance the powers of the board and management; and further strengthening public governance oversight functions by the SEC. The Act marks a new round of federal legislative efforts in dealing with the challenges posed by the intricacies of handling the relationships between and among the board, management, and shareholders in modern, especially large modern public companies of our times.
