Now where was I?
Forty-eight hours later, and finally back to square one. Ah yes, Sarbanes-Oxley . . . I was trying to enlighten the nonprofit world that despite what they are hearing from everyone, the Sarbanes-Oxley Act does not apply to nonprofit organizations. It doesn't even apply to all for-profit entities - only to publicly traded companies. DW shared his perspective that maybe I shouldn't be "sharing" quite so much when after all, shouldn't we hope that the false perception about S-O will bring more and fuller disclosure from those who would otherwise be mute? Well, yes and no. Yes, when it's a sham operation trying to rip off the public. No when it's a small but already ethical organization just trying to carry out its worthy mission, only to find that all its resources are going to lawyers and accountants.