When was the Sarbanes-Oxley act adopted?

Answer The Sarbanes-Oxley Act was passed in 2002. It was established, according to the American Institute of Certified Public Accountants (AICPA), to improve the transparency of business practices so that... Read More »

Top Q&A For: When was the Sarbanes-Oxley act adopted

Who passed Sarbanes Oxley act?

In 2003, Congress passed the Sarbanes Oxley Act in response to a rash of corporate financial scandals, the most notable being the Enron debacle. President George W. Bush signed the act into law.Sou... Read More »

History of the Sarbanes-Oxley Act?

The Sarbanes-Oxley Act was named after the sponsors Senator Paul S. Sarbanes (D-Md.) and Representative Michael Oxley (R-Ohio), but its official title is the Public Company Accounting Reform and In... Read More »

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 »

Why is the Sarbanes-Oxley Act important?

The Sarbanes-Oxley Act is considered an important piece of legislation because it is designed to prevent financial fraud. Signed into law in 2002, the act was a direct response to corrupt accountin... Read More »