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    Key provisions of SOX that strengthen auditing

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    What the key provisions of the law that strengthen the auditing of the publicly traded companies? Please refer to the Sarbanes-Oxley Act.

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    https://brainmass.com/business/sarbanes-oxley-act/sarbanes-oxley-strengthening-auditing-function-563138

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    Every provision in SOX strengthens the auditing function of publicly traded companies. This was the main reason why SOX was created. There were such severe deficiencies in the auditing of publicly traded companies and there was such a lack of regulation, and we saw the effect of that lack when Enron collapsed. After the additional accounting scandals that all took place in the early 2000's, we then saw the creation of SOX as a result of those collapses and accounting frauds. In every SOX provision, we see the same basic objective - to strengthen the auditing function. Let's look at the main provisions that accomplish this objective.

    Section 302 - The CEO & CFO must personally sign an ...

    Solution Summary

    This solution explains the key provisions of the Sarbanes-Oxley Act of 2002 that strengthen the auditing of publicly traded companies.

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