Sarbanes Oxley Act of 2004 The Sarbanes-Oxley Act of 2002 was signed into law on July 30, 2002 by President Bush. The new law came after(prenominal) major bodily scandals involving Enron, Arthur Anderson, WorldCom. Its goals ar to protect investors by improving accuracy of and reliableness of incorporate disclosures and to restore investor confidence. The law is considered the most important transmit in securities and corporate law since the New Deal. The act is named after Senator capital of Minnesota Sarbanes of Maryland and Representative Michael Oxley of Ohio (Wikipedia Online). Sarbanes-Oxley consisted of 11 different titles or sections.
claim I is common Compan y Accounting circumspection Board. It created a five member panel known as the Public Company Accounting Oversight Board, overseen and appointed by the Securities and alter Commission (Sarbanes-Oxley). The Board is to consist of two CPAs and cardinal plenty that are not CPAs, but the chairman mustiness be a CPA. The Board is to provide oversight o...If you insufficiency to grab a full essay, order it on our website:
OrderEssay.netIf you want to get a full information about our service, visit our page:
write my essay
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.