The Sarbanes-Oxley Act has made an impact on most organizations, including Honeywell, in the wake of the Tyco, Enron, WorldCom scandals, financial ethics are now regular policies and procedures in our everyday business lives and Honeywell must continue to regulate and enforce ethical behavior and go beyond compliance. I recommend structural changes to the key committees and delicate management positions that may be in a compromising position and not only documenting controls, issuing reports and justifying the controls that are in place but to actually ask what potential risks are open for liability ensure that controls are in place to covers those liabilities.…
