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Is Your Hotline AAA-Rated?

Many organizations have hotlines that are needlessly weak or even ineffective, and they often don't even know it. There are no up-to-date, authoritative standards for hotlines. This has forced SEC registrants and their auditors to use an unusually high degree of judgment in evaluating the effectiveness of hotlines for Sarbanes-Oxley ' 404 reporting. Non-registrants are even more vulnerable to "phantom hotline syndrome."

15 minute read February 27, 2006 at 02:16 PM
By
Toby J.F. Bishop
Is Your Hotline AAA-Rated?

Have you heard the one about the anonymous whistleblower hotline? After-hours calls go to a voice mailbox. They will call you back the next business day – if you leave your name and number.

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