SOX rules on employee relationships


Joined
Oct 15, 2014
Messages
2
Reaction score
0
I am researching an issue with a possible conflict of interest and want to know if anyone has had any experience or knows if SOX speaks directly.

Let's say hypothetically....in an accounting department at a large publicly traded company, tasked with compiling reports and overseeing SOX compliance, there are two individuals in management positions who are in a secret relationship. One is the senior accountant who runs the department with autonomy and the other is the accounting supervisor. Does this represent a conflict of interest according to SOX and does SOX directly address this type of situation?
 
Ad

Advertisements

kirby

VIP Member
Joined
May 12, 2011
Messages
2,250
Reaction score
304
Country
United States
Since this is a "secret" relationship and you know about it - you must be either the accountant or the supervisor. So how is this working out for you? :)

Anyway, ....
I doubt SOX covers this but let's see what others say.
More likely this would be covered under a company's "Employee Code of Conduct"
 
Joined
Oct 15, 2014
Messages
2
Reaction score
0
Ha I naively didn't even consider that being insinuated. It is not me, but rather someone I know who works under these two and it has really made his/her job very hard.
 
Ad

Advertisements

Counterofbeans

VIP Member
Joined
Aug 5, 2013
Messages
216
Reaction score
25
Country
United States
No, in and of itself that's not a SOX violation. SOX doesn't specifically address relationships within a company, nor should it.
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Top