Sarbanes-Oxley Act of 2002

ALSO CALLED: Sarbox, Sarbanes Oxley Act 2002, SOX, Sarbanes-Oxley (SOX) Section 404, Section 404, Public Company Accounting Reform and Investor Protection Act, Sarbanes Oxley Act, Sarbanes Oxley, Sarbanes-Oxley, Sarbanes Oxley Law
DEFINITION: SOX Section 404 (Sarbanes-Oxley Act Section 404) mandates that all publicly-traded companies must establish internal controls and procedures for financial reporting and must document, test and maintain those controls and procedures to ensure their effectiveness. The purpose of SOX is to reduce the possibilities of corporate fraud by increasing the stringency of procedures and requirements for financial  … 
Definition continues below.

SARBANES-OXLEY ACT OF 2002 DEFINITION (continued): …  reporting.Getting started with SOX To explore how the SOX is used in the enterprise, here are some additional resources: Five steps for SOX compliance Having trouble getting compliant with SOX 404? Follow these five steps to get you on the right track towards SOX compliance. Using virtualization for compliance efforts Are you looking for a way to ease the burden of meeting compliance requirements? Learn how financial-services firms can use virtualization to assist with compliance efforts. FISMA and SOX Why are there still breaches of confidentiality when FISMA and … 
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