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Sarbanes Oxley Memo

sarbanes oxley memo

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Title: sarbanes oxley memo

Essay Details:

Subject: Business

Author: Jessica H

Date: May 21, 2012

Level: University

Grade: A

Length: 5 / 1386

Essay text:

The purpose of this act is to protect shareholders and the general public from accounting errors and fraudulent business practices. The Sarbanes-Oxley Act introduced stringent new rules to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to the securities laws. Sarbanes-Oxley is not a set of business practices and does not specify how a business should store records; rather, Sarbanes-Oxley defines which records are to be stored and for how long. A.) The relationship among the FASB, SEC and PCAOB ?« SOX is administered by the Securities and Exchange Commission (SEC)...

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