The Sarbanes-Oxley Act has been nicknamed the full-employment act for accountants, so it's fitting that the association for academics in accounting invited the bill's co-author, Rep. Michael Oxley, to kick off its annual meeting in San Francisco this week.
In his keynote speech before the American Accounting Association Sunday night, Oxley, a Republican from Ohio, admitted that the landmark corporate- reform bill is imperfect.
It's "not always pretty, not always easy to follow, not always transparent, not always excellent," he said. It's "a product of the legislative process."
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