|
On September 9, 2004, Douglas Flint Group Finance Director of HSBC and Arnold Hanish Chief Accounting Officer of Eli Lilly made presentations regarding the impact of Sarbanes-Oxley (SOX) to the U.S. Senate Committee of Banking, Housing and Urban Affairs. They were not alone in their submissions, and they are not alone in the fundamental concerns they raised about the potential negative effects of SOX inside the enterprise.
|