Does sarbanes oxley compliance only apply to public listed companies? Not private companies? Anyone know this?
The Sarbanes-Oxley Act of 2002 (SOX) is the public company accounting reform and investor protection act. It was passed in response to high-profile business failures, such as Enron and WorldCom, in order to reinforce investment confidence and protect investors by improving the accuracy and reliability of corporate disclosure.
Sarbanes Oxley compliance?
2 Responses
Leave a Comment
November 16th, 2009 at 8:24 am
public only
References :
November 16th, 2009 at 8:49 am
The Sarbanes-Oxley Act of 2002 (SOX) is the public company accounting reform and investor protection act. It was passed in response to high-profile business failures, such as Enron and WorldCom, in order to reinforce investment confidence and protect investors by improving the accuracy and reliability of corporate disclosure.
References :
http://thecaq.aicpa.org/Resources/Sarbanes+Oxley/