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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.
What else can I help you with?
When was Sarbanes Oxley passed?
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 practice does Sarbanes-Oxley Act forbid?
What practices does Sarbanes-Oxley forbid
What does sarbanes-oxley stand for?
The Sarbanes-Oxley Act of 2002 (often-times referred to as "SOX") is named after Senator Paul Sarbanes and Representive Michael Oxley.
What is the federal law passed in 2002 in an attempt to reduce corporate wrongdoing?
The Sarbanes-Oxley Act
What requires companies to provide mechanisms for employees and third parties to anonymously report complaints including ethics violations?
\Sarbanes-Oxley Act
What led to the passage of the Sarbanes-Oxley Act?
Consequently the U.S. Congress responded by passing the Sarbanes-Oxley Act (SOX) of 2002 in an attempt to restore investor confidence.
What is sthe Sarbanes-oxley act?
Financial Reporting
When was Sarbanes-Oxley passed?
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.
What was the intent behind the passage of the Sarbanes-Oxley Act of 2002?
The intent of these elements of Sarbanes-Oxley is to reduce the likelihood that material fraud will go undetected.
The sarbanes-oxley act addresses?
Unethical financial behavior.
Does sarbanes-oxley act apply to publicly-traded firms?
yes
Who does sarbanes-oxley apply to?
The Sarbanes-Oxley Act of 2002 applies to publically held companies (generally, companies that have undergone an IPO or are traded on a public exchange), and is enforced under the oversight of the SEC. The Sarbanes-Oxley Act does not apply to privately held companies or companies that do not have to report their earnings or financial statements publically.
