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Asset management: meter security takes on important role

机译:资产管理:电表安全起着重要作用

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摘要

The wake left by the financial scandals of Enron and WorldCom has reached every corner of the U.S. business marketplace. The Sarbanes-Oxley Act of 2002, largely a response to these and other scandals, is dramatically changing the way public companies— including investor-owned utilities— manage their assets and do business. While there are various sections of the Sarbanes-Oxley Act, a lot of the focus is on Section 404, which puts the ultimate responsibility for the accuracy of a company's annual financial report on the top executive. Basically, he or she has to stand behind it and be able to prove that what is in the report is correct. The buck truly does stop at the top.
机译:安然(Enron)和世通(WorldCom)的财务丑闻给人们留下了深刻的印象,它已经遍及美国商业市场的每个角落。 2002年的《萨班斯-奥克斯利法案》(Sarbanes-Oxley Act)很大程度上是对这些丑闻和其他丑闻的回应,它正在极大地改变公众公司(包括投资者所有的公用事业)管理其资产和开展业务的方式。尽管《萨班斯-奥克斯利法案》的各个部分都有规定,但很多重点都放在第404节上,该节将公司年度财务报告的准确性的最终责任交给了高级管理人员。基本上,他(她)必须站在它后面,并能够证明报告中的内容是正确的。降压确实确实停留在顶部。

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