The Sarbanes-Oxley Act of 2002

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Issue:

Business

 

Written by:

Denise P

 

Date added:

April 4, 2017

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 323

 

Was viewed:

4547 times

 

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Essay content:

The act covers issues such as establishing a public company accounting oversight board, auditor independence, corporate responsibility and enhanced financial disclosure.”(R. Power, D. Forte, 2007) Benefits Because the SOX Act was designed to protect investors, compliance with the act can lead to shareholder confidence which can strengthen the outlook for a company and increase its stock price...
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Power, D. Forte, 2007) Benefits Because the SOX Act was designed to protect investors, compliance with the act can lead to shareholder confidence which can strengthen the outlook for a company and increase its stock price. Companies auditing their businesses often find ways to eliminate waste and increase efficiency – both of these reduce cost and therefore have a direct effect on the bottom line...
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