What is the Sarbanes-Oxley legislation?

Answer After a series of scandals in 2001 involving illegal actions by corporations, specifically Enron and Tyco, the government passed the Sarbanes-Oxley Act of 2002, which is a set of regulations, laws ... Read More »

Top Q&A For: What is the Sarbanes-Oxley legislation

What Is Sarbanes-Oxley?

In 2002, Congress enacted Sarbanes-Oxley, a federal law named for the two congressmen who crafted the legislation--Sen. Paul Sarbanes, a Maryland Democrat, and Rep. Michael Oxley, an Ohio Republica... Read More »

What is Sarbanes-Oxley law?

The Sarbanes-Oxley Act of 2002 set up reforms to enhance corporate responsibility and financial disclosures for the purpose of preventing corporate and accounting fraud. The law was a response to c... Read More »

What is Sarbanes-Oxley Section 404?

The Sarbanes-Oxley Act of 2002 is a law designed to improve how publicly held firms and their accounting firms handle financial information. Section 404 of the act is "Management Assessment of Inte... Read More »

What is sarbanes-oxley compliance?

The Sarbanes-Oxley Act of 2002 requires businesses and corporations to comply with financial reporting standards. Named after Sen. Paul Sarbanes and Rep. Michael Oxley, the law was designed to crac... Read More »