CFO Posted July 21, 2004 at 12:00 am
Kathleen King, the CFO of Southern Company Services, provided lunch for all the Corporate Services employees at Farley today. The food was disappointing, but the CFO made amends by sitting with me. I was told to expect a Jennifer Aniston look, but I was a little disappointed here as well. Kathleen shared some information about the forseeable impact of Sarbanes-Oxley on the business at Southern. I’ve heard the name popping up a lot recently, but I assumed it was an NRC initiative directed at the nuclear side. From what I gather now, SOX is ultimately a reaction to the question of corporate accounting in the wake of Enron. Every publicly-traded company should be affected.