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Sarbanes-Oxley Act (SOX)

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Sarbanes-Oxley Act (SOX)
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As a result of the Enron failure, this act was passed to make accounting firms more responsible for the problems of the corporations.Their job is no longer to remain silent accountants. They are now held responsible along with corporate officers for misconduct and failure to report problems with the corporations in which they have knowledge.

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ID24380
Date CreatedMonday, September 12, 2005 1:57 PM
Date ModifiedFriday, August 7, 2015 2:49 PM
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