Public Company Accounting Reform and Investor Protection Act
GPTKB entity
Properties (61)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
legislation
|
| gptkbp:addresses |
corporate governance
|
| gptkbp:aimsTo |
protect investors
|
| gptkbp:appliesTo |
publicly traded companies
|
| gptkbp:enactedBy |
gptkb:United_States_Congress
|
| gptkbp:enforces |
criminal penalties for securities fraud
requirements for financial statement accuracy requirements for timely financial reporting requirements on financial analysts restrictions on non-audit services |
| gptkbp:enhances |
investor confidence
protection for whistleblowers in corporations regulatory oversight of public companies |
| gptkbp:established |
gptkb:Public_Company_Accounting_Oversight_Board
rules for financial disclosures internal control requirements rules for auditor rotation rules for corporate disclosures rules for financial statement audits standards for audit quality |
| https://www.w3.org/2000/01/rdf-schema#label |
Public Company Accounting Reform and Investor Protection Act
|
| gptkbp:impact |
financial institutions
audit firms shareholder rights financial reporting standards investor protection laws |
| gptkbp:improves |
transparency in financial reporting
financial reporting accuracy |
| gptkbp:includes |
whistleblower protections
|
| gptkbp:influencedBy |
gptkb:Enron_scandal
WorldCom scandal |
| gptkbp:influences |
accounting practices
corporate ethics standards |
| gptkbp:is_used_in |
gptkb:Sarbanes-Oxley_Act
|
| gptkbp:mandates |
reporting of material weaknesses in internal controls
audit committee independence auditor independence reporting of significant deficiencies in internal controls reporting of financial irregularities training for audit committee members |
| gptkbp:provides |
framework for corporate accountability
guidelines for corporate governance practices guidelines for ethical conduct in corporations protection against accounting fraud |
| gptkbp:requires |
disclosure of executive compensation
disclosure of related party transactions real-time disclosures of material changes CEO and CFO certification of financial reports annual reports on internal controls audit firm registration disclosure of audit fees disclosure of financial risks disclosure of insider trades enhanced financial disclosures reporting of off-balance sheet transactions |
| gptkbp:signature |
gptkb:George_W._Bush
|
| gptkbp:updates |
accountability of corporate executives
accounting standards compliance penalties for corporate fraud scrutiny of financial statements |
| gptkbp:yearEstablished |
2002
|