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Sarbanes-Oxley Compliance

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ALSO CALLED: SOX Compliance, Sarbanes-Oxley (SOX) Section 404, Section 404, Sarbanes Oxley, Sarbanes-Oxley
DEFINITION: The Sarbanes-Oxley Act of 2002 (often shortened to SOX) is legislation enacted in response to the high-profile Enron and WorldCom financial scandals to protect shareholders and the general public from accounting errors and fraudulent practices in the enterprise. The act is administered by the Securities and Exchange Commission (SEC), which sets deadlines for compliance and publishes rules on requirements.  … 

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