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No shortcuts: FindWhat.com's Brenda Agius says businesses better have strong accounting to meet Sarbanes-Oxley standards.
 
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Corporate Cleanup

By: Chris Wadsworth


It's painful, but most companies admit the no-nonsense Sarbanes-Oxley Act is a good thing.
"The public invested their life savings into companies that appeared to be financially solid," Agius says. "After working their entire lives, their retirement savings are gone because some CFO or CEO felt pressure to fictitiously create earnings, rather than [really] earn them."

Sarbox aims to prevent any more of those sad stories.


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