Tuesday, April 12, 2005


There is an interesting editorial in this month's CIO magazine which expresses their opinion on the pros/cons of this legislation and how, in their opinion, it is contributing to making American companies less competative within the global marketplace. I found it to be interesting -- of course we need controls in place but the fundamental question is what is the appropriate level of these controls (too little and we are subject to corporate financial reporting errors, too onerous and we are imposing unnecessary costs and burdens on American companies.

The article is available by clicking here.