Corporate Auditing Integrity Act of 2002

Summary

Corporate Auditing Integrity Act of 2002 - Directs the Securities and Exchange Commission (SEC) to establish within its Division of Corporate Finance the Office of Audit Review to participate in and supervise all stages of the audit of a public company. Instructs the SEC to: (1) establish fee assessments to recover Office expenses; and (2) establish criteria to determine which public companies shall be subject to enhanced oversight by the Office. Requires such criteria to include: (1) the size and nature of the public company; (2) the company's participation in recent mergers; (3) other key factors including labor relations, marketing programs, new products, research, and development; and (4) any other circumstances the SEC identifies as posing a high risk of business failure or wrong doing.

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Timeline

1. 23 July 2002

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 23 July 2002

   Introduced

   Introduced in House

   Source: IntroReferral

3. 23 July 2002

   Introduced

   Introduced in House

   Source: IntroReferral

4. 24 July 2002

   Introduced

   Sponsor introductory remarks on measure. (CR E1337-1338)

   Source: IntroReferral

5. 19 August 2002

   Referred

   Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 23 July 2002 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 23 July 2002

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 23 July 2002

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 23 July 2002

  Open at official source

Sponsors

• Rep. Davis, Danny K. [D-IL-7] · D · Sponsor
• · hsba00 · Standing

Related records

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