Among the most key elements of the Sarbanes Oxley legislation is that it requires: Makes it illegal for a CPA firm to do both audit and tax work for a client The audit committee of a Corporations board of directors to attest in writing to the validity of the Financial Statements The CEO and CFO of the Corporation to attest in writing in the Annual report to the validity of the Financial Statements and attendant control systems to allow them to make such an attestation Corporate accountants to have a minimum of a four year accounting degree