Purchase Solution

What Sarbanes Oxley Act of 2002 (SOX) (briefly)?

Not what you're looking for?

Ask Custom Question

What is SOX after all? Is it an unnecessary and unreasonable interference with the market, or is it a necessary response to the threat to investor confidence caused by the accounting scandals? Should investors have concerns about the markets when large, publicly traded companies had published financial data that was false? What would a reasonable investor do given that knowledge?

Purchase this Solution

Solution Summary

One paragraph in everyday language describes Sarbanes Oxley Act of 2002 (SOX).

Solution Preview

SOX was a law intended to increase the quality of financial reporting by supervising the auditing profession, by changing rules about audits, and by increasing sanction for false ...

Solution provided by:
Education
  • BSc, University of Virginia
  • MSc, University of Virginia
  • PhD, Georgia State University
Recent Feedback
  • "hey just wanted to know if you used 0% for the risk free rate and if you didn't if you could adjust it please and thank you "
  • "Thank, this is more clear to me now."
  • "Awesome job! "
  • "ty"
  • "Great Analysis, thank you so much"
Purchase this Solution


Free BrainMass Quizzes
Team Development Strategies

This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.

Operations Management

This quiz tests a student's knowledge about Operations Management

Lean your Process

This quiz will help you understand the basic concepts of Lean.

Writing Business Plans

This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.

Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.