Sarbanes-Oxley: Difference between revisions
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imported>Doug Williamson (Aligned with course materials to give an indication which companies this applies to and added Securities and Exchange Commission to see also) |
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The external reporting requirements and the internal structures, processes and monitoring needed to comply with the Act. | The external reporting requirements and the internal structures, processes and monitoring needed to comply with the Act. | ||
== See also == | == See also == | ||
* [[Public Company Accounting Oversight Board]] | *[[Public Company Accounting Oversight Board]] | ||
*[[Securities and Exchange Commission]] | *[[Securities and Exchange Commission]] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:Compliance_and_audit]] | [[Category:Compliance_and_audit]] | ||
Revision as of 13:41, 15 July 2015
(SOX/SOXA/Sarbox).
1.
The US Sarbanes-Oxley Act of 2002, also known as the Public Company Accounting Reform and Investor Protection Act of 2002.
A US federal law made in response to a number of widely publicised corporate and accounting scandals including those involving Enron, Tyco and WorldCom.
The Act applies to all public companies in the US and to international companies that have equity or debt securities registered with the Securities and Exchange Commission (SEC).
2.
The external reporting requirements and the internal structures, processes and monitoring needed to comply with the Act.
