Sarbanes Oxley Act
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online.The Sarbanes Oxley Act of 2002, also known as the ''Public Company Accounting Reform and Investor Protection Act'' and ''Corporate and Auditing Accountability and Responsibility Act'' and commonly called Sarbanes Oxley, Sarbox or SOX, is a United States federal law enacted on July 30, 2002, as a reaction to a number of major corporate and accounting scandals including those affecting Enron, Tyco International, Adelphia, Peregrine Systems and WorldCom. These scandals,…mehr

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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online.The Sarbanes Oxley Act of 2002, also known as the ''Public Company Accounting Reform and Investor Protection Act'' and ''Corporate and Auditing Accountability and Responsibility Act'' and commonly called Sarbanes Oxley, Sarbox or SOX, is a United States federal law enacted on July 30, 2002, as a reaction to a number of major corporate and accounting scandals including those affecting Enron, Tyco International, Adelphia, Peregrine Systems and WorldCom. These scandals, which cost investors billions of dollars when the share prices of affected companies collapsed, shook public confidence in the nation''s securities markets. Named after sponsors U.S. Senator Paul Sarbanes and U.S. Representative Michael G. Oxley, the act was approved by the House by a vote of 423-3 and by the Senate 99-0. Former President George W. Bush signed it into law, stating it included"the most far-reaching reforms of American business practices since the time of Franklin D. Roosevelt."