Sarbanes-Oxley Act
The Sarbanes-Oxley Act of 2002 (SOX) is a U.S. federal regulation that established enhanced standards for corporate governance, financial reporting, and auditing of publicly traded companies. It imposes duties on executives, boards, and auditors to improve reliability and accountability in financial statements.
Example: For example, a public company may include management's assessment of internal controls and the auditor's attestation in its annual report as required under SOX.
💬 Comments