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This paper will explore these three practices and examine the ways in which they relate or can be applied at my place of business.
The Sarbanes-Oxley Act ("SOX") of 2002 was enacted by Congress in order to provide the Securities and Exchange Commission with increased authority to monitor financial practices of and financial reporting by American public companies and public accounting firms, dictate the way American corporations are governed, and discipline those not in compliance. The Act also created a Public Company Accounting Oversight Board which is charged with monitoring and regulating the auditing practices of accounting firms...
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