what is sarbanes oxley?

Answer:
The Sarbanes Oxley Act of 2002 is a law created by the United States Federal Government in response to corporate accountability scandalsEnron was the most infamous scandal that the law was created to respond to.

The Sarbanes-Oxley Act creates new or enhanced rules for public corporate boards, accountants, and other corporate management personnel. 
It is a law designed to prevent the recurrance of accountability scandals and was made in response to accounting scandals in which the stock prices of a company collapsed.

The act created a new agency, the Public Company Accounting Oversight Board, whose job is to make sure companies do not lie on their financial records.  They are tasked with regulating, inspecting, and disciplining public companies and their primary role is auditing those companies.
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