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• Employers Need to Determine Obligations to Same-Sex Spouse

  BNET - 2004-06-11

  Many employers are concerned about the extension of benefits, such as health care, to same-sex spouses or domestic partners. Because most employee benefit plans, including health plans and retirements plans, are governed by federal law - the Employee Retirement Income Security Act ERISA - employers' obligations to provide benefits to...

  Tags: ERISA, American City Business Journals Inc., Same-sex Partner, Payroll Solutions, Regulations, Benefits, Government, Human Resources

• Costly Medicine: Sarbanes-Oxley Changing Corporate Life

  BNET - 2003-08-08

  Over the years, Sarbanes-Oxley Act has proved to be an important formula for inducing transparency in the corporate sector. However, it is also proving to be a costly affair for companies that comply with the provisions of the Act. The Act requires companies to maintain financial reports depicting their expenses....

  Tags: Sarbanes-Oxley Act, American City Business Journals Inc., Act, Sarbanes-Oxley, Regulatory Compliance, Regulations, Financial Accounting, Government, Finance, Human Resources, Policies And Procedures

• Expenses Soar Under Sarbanes-Oxley Act

  BNET - 2003-06-27

  Sarbanes-Oxley Act of 2002 requires both CEOs and CFOs of public companies to annually certify the accuracy of their financial statements. The Act also states that the accounting procedures must be documented according to strict framework of the Act. The rule applies to most public companies regardless of their size....

  Tags: Sarbanes-Oxley Act, American City Business Journals Inc., Sarbanes-Oxley, Regulatory Compliance, Regulations, Government, Financial Accounting, Finance, Human Resources, Policies And Procedures

• Dealing With Details Crucial To Life With Sarbanes-Oxley

  BNET - 2003-05-09

  From the executive summary: ‘Section 806 of the Sarbanes-Oxley Act establishes protections for whistleblowers that are employees who report incidents of fraud and theft occurring in the organization. Specifically, companies or individual officers may not discharge, demote, suspend, threaten, harass, or in any other manner discriminate against an employee who...

  Tags: Sarbanes-Oxley Act, American City Business Journals Inc., Sarbanes-Oxley, Regulatory Compliance, Regulations, Government, Financial Accounting, Finance, Human Resources, Policies And Procedures

• Accounting Firms Say Implications Of Sarbanes-Oxley Still Unfolding

  BNET - 2003-03-28

  From the executive summary: ‘Sarbanes-Oxley Act requires great diligence on the part of every corporation to ensure that their accounting practices are correct and their statements to the Securities and Exchange Commission and the public are accurate. The Act also requires an independent audit committee to oversee the aforesaid activity....

  Tags: Accounting, Sarbanes-Oxley Act, American City Business Journals Inc., Sarbanes-Oxley, Regulatory Compliance, Regulations, Operational Accounting, Insurance, Financial Services, Government, Financial Accounting, Finance, Human Resources, Policies And Procedures, Business Operations, Corporate Insurance

• New law brings huge changes to corporate finances

  BNET - 2003-01-01

  This article is about the heightened scrutiny which is dictated by the federal Sarbanes-Oxley Act, passed in July as part of the fallout of financial scandals at Enron Corp. and WorldCom Inc. Under the act, the chief executive officer and chief financial officer must personally certify that all financial statements...

  Tags: Financial, Sarbanes-Oxley Act, American City Business Journals Inc., Sarbanes-Oxley, Financial Accounting, Regulatory Compliance, Regulations, Government, Finance, Human Resources, Policies And Procedures

• Terrorist Attacks Put Reinsurance Lobbyists on Alert

  BNET

  Terrorism seems to be on everyone's mind following the July 7 attack on the London underground. It is certainly on the mind of Massachusetts' insurance companies, which along with their national counterparts are lobbying Congress to extend the federal Terrorism Risk Insurance Act. Commonly known as TRIA, the law is...

  Tags: Terrorism Risk Insurance Act, American City Business Journals Inc., Insurance Company, Reinsurance, Terrorism, Terrorist Attack, Homeland Security, Corporate Insurance, Insurance, Business Security, Regulations, Government, Business Operations

• Expiring Terrorism Insurance Act Threatens to Leave Businesses Exposed

  BNET

  The federal government's agreement to back companies that offer terrorism insurance expires at the end of the year, bringing the prospect of sky-high premiums and scarce coverage for local companies in 2006. The Terrorism Risk Insurance Act, or TRIA, was enacted three years ago in the wake of Sept. 11...

  Tags: Terrorism Risk Insurance Act, American City Business Journals Inc., Terrorism Insurance, Terrorism, Homeland Security, Corporate Insurance, Insurance, Regulations, Government, Business Operations