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SOx has changed the Legal Landscape. The following are major provisions to the act:

• Creation of a Public Company Accounting Oversight Board

• New Roles for Audit Committees and Auditors

• Criminal Penalties

• Protection for Whistleblowers

• Financial Reporting and Auditing Process changes

• Certification by CEO and CFO

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13y ago
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13y ago

New responsibilities for corporate directors, chief executive officers, and chief financial officers.

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Q: What was the third major provision of the Sarbanes-Oxley Act?
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