• The Effect of the Sarbanes-Oxley Act on Public Company Audit Committees
  • May 2, 2003 | Authors: Wayne M. Lee; Michael L. Hund; Herbert F. Kozlov
  • Law Firms: Reed Smith LLP - Falls Church Office ; Reed Smith LLP - Office ; Reed Smith LLP - New York Office
  • In this post-Enron era, the rules for corporate governance, especially for audit committees of public company boards of directors, are rapidly and radically changing. The most sweeping legislation in corporate governance in several decades is the Sarbanes-Oxley Act of 2002 (the "Act"). This article discusses the new requirements for audit committees and their members under the Act.