Supreme Court launches SOX

Supreme Court launches SOX

Is it not time for the federal government to clean the stool?


In 2002, the Congress abolished the Sarbanes-Oxley Act on the financial statements of public enterprises. If the files are not cleaned up, the company management and document preparation officers can look forward to the polite room and waiting room of the federal penitentiary system. Citizen has always taken out a personal tax return, which is true. Sarbanes-Oxley (SOX) demanded the same for administrators and their grain counters. The collapse of Enron gave the project a record time.

The Securities Act of the 1930s required full disclosure of company information; however, it was not necessary to sign documents from company employees and accounting firms. The current situation in the detention center was difficult because the employees in these places could easily have protected ignorance. A fun party - these players get a three-digit IQ because they swear. After swearing to tell the truth, most of them had been brainwashed and needed a tube to stay alive. Thanks to SOX, the prosecutor can be smart enough to learn how to write his name.

The main actors involved in the activities of public enterprises are pigs and their heads are on the table. Concrete Chamber, all financial publications, public relations companies and lobbyists cried together. A six-year-old boy refused to go to the bathroom, turning Gene's record into an excuse. The SOK fur pulled him out faster than the one he had torn in the Guinness book. Billions of billions of animal wealth were in danger when the SOX law was in force.

Cébé's lawyers are so deep that they touched the hole in the public shoe. In 2010, the Supreme Court ruled that SFOs were safe and legal. The law, which states that Sarbanes-Oxley is a legally binding law, has been slightly modified. The results of this year's survey show that 70% of companies are now in favor of SOX.

Because Sarbanes-Oxley is recognized and legally binding, it still has a huge disadvantage. As far as I know, it is a problem when he appears before the Supreme Court. It is now time for Congress to eliminate this gap. Since 2002, we have met financial bubbles. Each of them has a common gene in their DNA. This is a soap-free operation, or a balloon that plays an important role in the destruction of foam or in investment banks. At the urgent congress for the protection of American citizens, there remained the largest number of public funds. That's right, they forgot to add themselves.

All of this is the federal government. The next row is the Federal Reserve Bank. Insurance companies, investment banks and their derivatives have identified methods of joining the SFP. As long as we do not have to work with Sarbanes-Oxley, our economy and our government will continue to experience financial bubbles. The next bubble pool will fall. The results could be sent to the president of the US Federal Reserve to study the first depression of this century.

SOX certification, the independent financial audit of SFX is the only way to ensure transparency and accountability in federal government operations. Until then, our family had the financial impression of taking a shower with a rainbow.

The change of the law could be done with a sentence. Suffice it to say that anyone entrusted with the third party's expenses must comply with the FSO Act. In fact, the House and the Senate could adopt the first law on Twitter. The rest of the ants must be arranged and grasshoppers must be added. What does it mean to be transparent and accountable?

Worst thing - worst thing!

Comments

Popular Posts