As we mentioned, today is the 10th anniversary of Sarbanes-Oxley. Or was it yesterday? I guess it depends on who you ask. Technically, it was enacted on July 29th and President Bush signed it into law on July 30th. Personally, I prefer it to be the 29th because since I've started writing for this here website, I feel like SarbOx always steals my birthday thunder. It's quite unfathomable that the universe would allow the landmark legislation of my chosen profession to have the same birthday/anniversary as me. It's gotten to the point where I feel like I should be celebrating my half-birthdays again but surprisingly, no one is willing to engage in this with me since, you know, people get over half-birthdays before the age of 10. THANKS A LOT, UNIVERSE.
Anyway, the PCAOB put out a statement today marking the occasion and we linked to several articles that were published yesterday and today in the roundup. Last week, we asked you to score Sarbanes-Oxley as a piece of legislation on a 1-10 scale but today, should be more festive since it's the very special day that Sarbanes-Oxley officially came into this world; we ask that you leave some words of appreciation, encouragement, disdain, whatever strikes you, to celebrate this day because we all know that SarbOx has touched you in some way or another.
A) Happy Anniversary, Sarbanes-Oxley. If it wasn't for you, I wouldn't be able to afford that apartment in the City where I conduct my extramarital trysts. ~ NYC Audit Partner (New Jersey resident)
B) Here's to 10 more, SOXy! Since I've known you, I've developed a bit of a weight problem, a bit of a drinking problem, and somehow took up smoking. But you've also taught me a great appreciation for the increased accountability that we provide to the capital markets. Thanks! ~ An auditor who will probably die at their desk
C) Hey, SOX – I don't know you that well but I hear good things about you. Looking forward to getting to know you better ~ Big 4 mailroom guy
D) Have a great day, SarbOx! I may work in tax, but we really appreciate all the press you give our firm although we won't have anything to do with the inevitable implosion of our firm. There's no such thing as bad publicity! ~ Tax Partners everywhere
On just such an occasion, some personal anecdotes would also be appropriate – so if you have a special SarbOx moment, don't be afraid to share it.