The Sarbanes-Oxley Act was an enormous change to federal securities laws in the United States. It came

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The Sarbanes-Oxley Act was an enormous change to federal securities laws in the United States. It came in response to the collapse of Enron (and other companies) and the related accounting scandal by Enron’s auditor, Arthur Andersen. Public companies are now required to submit annual reports of their internal accounting controls to the Securities and Exchange Commission (SEC). Evidently, company management and boards of directors must now be familiar with the details of the S ______ -O ___ Act (SOX).

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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