The Sarbanes-Oxley Act
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Explain the Sarbanes-Oxley Act of 2002 and its application to audits
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The solution explains the Sarbanes-Oxley Act of 2002 and its application to audits.
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The Sarbanes-Oxley act of 2002 is an act that was enacted to to enhance the standards that must be adhered to by company board members, accounting firms, and corporate management staff, including CEOs. One of the key issues that the Sarbanes-Oxley act was designed to address and correct, is the inaccuracy in financial disclosures by businesses and other organizations. This act seeks to ensure that ...
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