The 8th Company Law Directive (European Sarbanes Oxley, E-SOX)
and the Board of Directors
After the passage of the US Sarbanes-Oxley Act in 2002, US and
non-US companies listed in a US stock exchange have the difficult
task to comply with the Sarbanes-Oxley Act.
After the passage of the European Union’s 8th Company Law
Directive on Statutory Audit (Directive 2006/43/EC), European and
non-European companies listed in any country of the EU have to
comply with the 8th company law directive.
Course Title:
The 8th Company
Law Directive:
Due Diligence for Directors and Executive
Management
Objectives:
This course
has been designed to provide board
members and executive management with the knowledge
and skills needed
not only to understand
the
8th Company Law Directive,
but also
to use compliance as a competitive advantage
Target
Audience:
This course
is intended for potential, new and sitting directors and executive
management. It is highly recommended for management consultants.
Duration:
4 Hours. It
can be tailored to your needs.
Course Synopsis:
From the Sarbanes Oxley Act of 2002 to the European Union’s
equivalent regulatory vehicles
Restoring investor confidence in the EU
Statutory auditors and audit firms in the European Economic area (EEA)
Statutory audits of consolidated accounts
The Audit Committee:
Similarities and differences with the US Sarbanes-Oxley Act
The 8th Company Law Directive and Corporate Governance
The impact on corporate governance
The role of the board of directors and executive management
Internal controls and external auditors
The 8th Company Law Directive and the World
Requirements applicable to the auditors of companies incorporated
outside of the European Union (EU)
The 8th Company Law Directive and countries outside the European
Economic Area - The importance of Articles 45 and 46
The
8th Company Law Directive and the Offshore Financial Centers (OFCs)
The 8th Company Law Directive and the USA
The “post-Sarbanes-Oxley regulatory retaliation”
We will discuss how countries and firms
use compliance as a competitive advantage. This is a very important
part of this presentation.
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