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Sarbanes-Oxley Act 2002

What role does the Sarbanes-Oxley Act of 2002 play in financial reporting? Are there possible shortcomings to relying solely on financial statement analysis to value companies?

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The Sarbanes-Oxley Act of 2002 is also called the Public Company Accounting Reform and Investor Protection Act. It was a reaction to corporate scandals that became too common in the early 2000s. The SOX was established by the Public Company Accounting ...

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This solution details the role of Sarbanes-Oxley Act of 2002 in financial reporting.