• Corporate and Professional Responsibility: Section 307 of the Sarbanes-Oxley Act of 2002
  • July 17, 2003 | Authors: Karen Williams Altaras; E. Earl Harcrow; Jeffrey P. King; Thomas Wm. Mayo
  • Law Firms: Haynes and Boone, LLP - Dallas Office ; Haynes and Boone, LLP - Fort Worth Office; Haynes and Boone, LLP - Austin Office; Haynes and Boone, LLP - Dallas Office
  • The recent accounting frauds and corporate scandals have many in-house counsel, as well as directors and officers, re-examining their responsibilities, obligations, and potential liabilities. New legislation, SEC regulations, stock exchange listing standards and public, media and shareholder scrutiny are imposing new or expanded processes for corporate accountability, financial reporting and business practices. Tax-exempt organizations will likely see state attorneys general and the IRS address the integrity of financial disclosures and corporate accountability.