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A comment on Payments Crisis of 2025: Doge Have "Read-Write" Access to Federal Payment System. Parent comment

Re:Payments Crisis of 2025: Doge Have "Read-Write" Access to... by epistasis on Tuesday February 04, 2025 @10:23AM (#42933463)
> One criticism of SOX is that it partially nationalizes control of the organization,

If that is a criticism of SOX for private companies, then it would mean that it should be a baseline for national accounting, no?

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Re:Payments Crisis of 2025: Doge Have "Read-Write" Access to... by liontwist on Tuesday February 04, 2025 @10:28AM (#42933565)
> it should be a baseline for national accounting

What does this mean? Let me repeat. SOX is not a method of accounting, its rules about roles and reporting for public corporations

> It sounds like you think SOX auditing means “super secure and careful accounting”.

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Re:Payments Crisis of 2025: Doge Have "Read-Write" Access to... by epistasis on Tuesday February 04, 2025 @11:33AM (#42934610)
Yes, rules and roles for reporting, ie accounting.

I don't know what you think you are implying with the "super secure and careful" comment, we are looking for the roles that ensure the accountability of SOX.

Your complaint is that SOX "nationalizes" companies because apparently it becomes so transparent, or something? If that's what you mean by "nationalize" shouldn't that be used for our nation's accounting?

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