The GuideStar Blog retired September 9, 2019. We invite you to visit its replacement, the Candid Blog. You’re also welcome to browse or search the GuideStar Blog archives. Onward!

GuideStar Blog

Jamieson Baker

Recent Posts by Jamieson Baker:

Nonprofits, Sarbanes-Oxley, and the States


Enacted in response to corporate accounting and oversight scandals in 2001 and 2002, the American Competitiveness and Corporate Accountability Act of 2002 became law on July 30, 2002. Known popularly as Sarbanes-Oxley, the act introduced significant new governance standards, requiring the boards of publicly traded companies to oversee closely financial transactions and auditing procedures.