Newsletter Articles | April 30, 2005
The Sarbanes-Oxley Non-Profit Effect: Understanding Short-Term Impacts and Long-Term Planning Needs
OPEN MINDS, The Behavioral Health & Social Service Industry Analyst
Cover Story
As implications of the Sarbanes-Oxley Act (SOX) reverberate throughout the business world, only 48% of non-profits are moving ahead with some SOX policies and procedures, according to a Grant Thornton LLP survey. Two sections of the Act currently apply to non-profits and there are a growing number of signs from federal and state legislators that indicate Sarbanes-Oxley regulation will be applied more broadly to non-profits in the near future. All non-profits need to . . .