How has the Sarbanes-Oxley act impacted the financial statement process in various firms? | Compliance Sarbanes Oxley

How has the Sarbanes-Oxley act impacted the financial statement process in various firms?


the act required the management of the publicly owned companies to have risk and set the outside auditors as independant in assessing the risk. the act has a financial burden on companies. the act has legal challenges which are also costly. all of this should be reflected in the financial statement.

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  1. gino8xx Says:
    January 26th, 2010 at 2:00 am

    the act required the management of the publicly owned companies to have risk and set the outside auditors as independant in assessing the risk. the act has a financial burden on companies. the act has legal challenges which are also costly. all of this should be reflected in the financial statement.
    References :

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