Enacted in 2002, as a result of decreased investor trust, specifically due to fraudulent and scandalous actions on the part of major US corporations, the Sarbanes-Oxley Act set forth to make public corporations and directors legally compliant in terms of accounting transparency and accuracy of reporting. One of the biggest shocks to the investors or [...]
Tags: Business Law, CEO, CFO, Law, Management, Public Company Accounting Reform and Investor Protection Act, Sarbanes-Oxley Act, SarbOx, SOA, SOX