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Sarbanes-Oxley

The Sarbanes-Oxley Act of 2002 can be known as the Public Company Accounting Reform and Investor Protection Act of 2002. Sarbanes-Oxley Act is commonly called SOX or Sarbox. SOX is a United States federal law enacted in response to a number of major corporate and accounting scandals including those affecting Enron, Tyco International, Adelphia, Peregrine Systems and WorldCom. These scandals, which cost investors billions of dollars when the share prices of the affected companies collapsed, shook public confidence in the nation's securities markets. Sarbanes-Oxley is named after sponsors Senator Paul Sarbanes and Representative Michael G. Oxley. Auditor conflicts of interest: Prior to SOX, auditing firms, the primary financial "watchdogs" for investors, also performed significant non-audit or consulting work for the companies they audited. Many of these consulting agreements were far more lucrative than the auditing engagement. This presented at least the appearance of a conflict of interest. For example, challenging the company's accounting approach might damage a client relationship, conceivably placing a significant consulting arrangement at risk, damaging the auditing firm's bottom line. Sarbanes-Oxley 1) Public Company Accounting Oversight Board (PCAOB)

monitor disposal

Computer monitors may contain toxic phosphors within the glass envelope. The glass envelopes of modern CRTs may be made from heavily leaded glass, which represent an environmental hazard. Indirectly heated vacuum tubes (including CRTs) use barium compounds and other reactive materials in the construction of the cathode and getter assemblies; normally this material will be converted into oxides upon exposure to the air, but care should be taken to avoid contact with the inside of all broken tubes. In some jurisdictions, discarded CRTs are regarded as toxic waste. In October 2001, the United States Environmental Protection Agency created rules stating that CRTs must be brought to special recycling places. In November 2002, the EPA began fining companies that disposed of CRTs through landfills or incineration. Regulatory agencies, local and statewide, monitor the disposal of CRTs and other computer equipment. monitor disposal is hard
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