Sarbanes-Oxley Compliance

Sarbanes Oxley Act was signed on 30th July 2002 in the United States. This legislation introduced few major changes for regulating the financial practices and corporate governance. This law was basically passed to curb the several scandals that were originating in the corporate and accounting field. These scandals usually developed due to the diminishing public trust in accounting and reporting. This legislation is divided into eleven sections. In these eleven titles, there are some sections that include the key to compliance. Addressing Sarbanes Oxley compliance is a very important task and requires a planned movement. One needs to analyze all the events carefully and the plan the compliance.

[Slashdot] [Digg] [Reddit] [del.icio.us] [Facebook] [Technorati] [Google] [StumbleUpon]

Comments are closed.