Tag: SarbanesOxley

  • What is the Sarbanes-Oxley Act?

    What is the Sarbanes-Oxley Act?

    The Sarbanes-Oxley Act of 2002 is a United States federal law passed in response to the recent major corporate and accounting scandals including those at Enron, Tyco International, and WorldCom (now MCI). These scandals resulted in a decline of public trust in accounting and reporting practices. Named after sponsors Senator Paul Sarbanes (D-Md.) and Representative […]