The Sarbanes-Oxley Act was enacted in 2002 in response to unethical and fraudulent behavior by the directors of the some of America's biggest corporations.
What practices does Sarbanes-Oxley forbid
The Sarbanes-Oxley Act of 2002 (often-times referred to as "SOX") is named after Senator Paul Sarbanes and Representive Michael Oxley.
The Sarbanes-Oxley Act
Go to web site www.soxcert.org for more information on getting Sarbanes Oxley certified.
2002 It was passed in 2002 but the reason is because of the large coporate scandals, examples, Enron, Worldcom and Sunbeam. This was passed to ensure companies are controlling their coporations correctly.
The intent of these elements of Sarbanes-Oxley is to reduce the likelihood that material fraud will go undetected.
Financial Reporting
Consequently the U.S. Congress responded by passing the Sarbanes-Oxley Act (SOX) of 2002 in an attempt to restore investor confidence.
\Sarbanes-Oxley Act
2002 It was passed in 2002 but the reason is because of the large coporate scandals, examples, Enron, Worldcom and Sunbeam. This was passed to ensure companies are controlling their coporations correctly.
Unethical financial behavior.
"Yes, Sarbanes Oxley is available to the general public. You can find it on the amazon website for $315 along with several other how-to books, and accessories."