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What are the requirements of Section 406 of the Sarbanes-Oxley Act regarding publicly traded ...
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What are the requirements of Section 406 of the Sarbanes-Oxley Act regarding publicly traded ...
What are the requirements of Section 406 of the Sarbanes-Oxley Act regarding publicly traded company's code of conduct?
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Managerial Accounting
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th
Author:
Davis
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a.
Companies must disclose whether the "principal executive officer, financial officer,
principal accounting officer or controller, or persons performing similar functions" are subject to a corporate code of ethics.
b.
The code must be published in the annual report or on the corporate website or
provided without charge upon request.
c.
Companies must disclose all instances in which these codes have been waived for a
particular individual as well as all changes to the code.
d.
A company that does not have a written code of ethics is required to publish a
disclosure explaining why no code has been adopted.
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