JBU Graduate Studies Hosts Seminar

Siloam Springs, Ark. (February 9, 2005) - The John Brown University Graduate Business Program invites you to a seminar examining the Sarbanes-Oxley Act (SOX) and the Federal Sentencing Guidelines (FSG) to be held on Tuesday, Feb. 22, 7:15 a.m. – 6:00 p.m. on JBU’s main campus in Siloam Springs, Ark. The registration fee is $40 per participant, which includes the entire seminar as well as breakfast, lunch and dinner. Participants can earn continuing legal education credit (six and one quarter hours) and legal ethics credit (one hour) through this seminar. For more information, please contact Tiffany Taylor at (479) 238-8595 or taylort@jbu.edu. The Sarbanes-Oxley Act of 2002 was enacted to reform corporate governance, make corporate financial practices more transparent and generally improve business ethics. SOX continues to impact U.S. businesses and foreign companies doing business in the U.S., and as a result, many public and private companies have created ethics programs or modified existing programs. As a result of SOX, all companies, including private companies and nonprofit organizations, are judged by SOX’s standards. Public companies that fail to abide by SOX can be delisted from stock exchanges. The insurance industry has also felt SOX’s impact and has made major changes in directors and officers liability policies. Besides complying with SOX, business leaders have had to track changes in the U.S. Federal Sentencing Guidelines and whether the guidelines are constitutional. The U.S. Supreme Court recently ruled on the guidelines’ constitutionality, but confusion remains as to how the courts will use the guidelines in sentencing individuals and companies convicted of criminal conduct. Understanding SOX is critical to success, and even survival, in today’s business world. The seminar’s distinguished speakers include Dr. Paul Fiorelli, director of Xavier’s Center for Business Ethics and Social Responsibility; Dr. John D. Copeland, JBU professor of business and executive in residence with the Soderquist Center for Leadership & Ethics; Gary Hill, director of ethics for Wal-Mart; Don Valencia, former vice-president of research and development at Starbucks; Dr. Janice R. Barnsley, director of ethics at Tyson Foods; and Julie Murray, ethics brand manager at Wal-Mart. Fiorelli will speak on “The Federal Sentencing Guidelines: Before and after Blakely.” Copeland will present “Corporate Directors Get SOXed by Insurers,” and Hill will explain how “Wal-Mart Leads the Way with an Innovative Ethics & Compliance Program.” John Brown University is a private Christian university, ranked eighth by U.S. News & World Report in the Southern Region. JBU enrolls more than 1,900 students from 43 states and 40 countries. JBU is a member of Arkansas’ Independent Colleges and Universities and the Council for Christian Colleges and Universities.

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