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Sarbanes-Oxley Costs Exceed Benefits

coondoggie writes "Two years of compliance with the Sarbanes-Oxley Act (SOX) have shored up corporate accounting practices - but with lopsided costs compared to benefits gained. Bill Gradison, acting chairman of the Public Company Accounting Oversight Board (PCAOB), said that guidance the SEC issued last year and PCAOB's latest auditing standard may not be enough to clarify the rules that govern the reporting and auditing of internal controls. 'Based on the information we already have, it would seem that some further changes may be in order,' Gradison said."

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  1. May 11:Prostitute Schedule @ MBOT in San Francisco by Anonymous Coward · · Score: -1, Offtopic
    Like Las Vegas, San Francisco offers prostitution as a tourist attraction. If you want to buy some prostitution services (i.e., hand job, blow job, or full sexual intercourse), you need to merely walk through the doors of the Mitchell Brothers O'Farrell Theater (MBOT), located at 895 O'Farrell Street, San Francisco, California.

    Check out the prostitute schedule for May 11, 2006 at the MBOT.

    The prostitute schedule is updated daily.

    Unlike Las Vegas, San Francisco does not regulate prostitution. So, the MBOT heartily welcomes everyone -- including HIV-positive customers.

    If you are repulsed by the idea of receiving sex services from a prostitute (at the MBOT) who services roughly 1000 guys per year, then consider the following 2 genuine stripclubs, which prohibit prostitution.

    Crazy Horse
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    980 Market Street
    San Francisco, California

    Gold Club
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    650 Howard Street
    San Francisco, California