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SOX Compliance

Sarbanes-Oxley Act of 2002

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SOX Compliance

The Sarbanes-Oxley Act (SOX) of 2002 regulates financial reporting and auditing of publicly traded companies. The law establishes strict requirements for reporting, disclosure, and internal controls, and defines penalties for non-compliance.

The SOX Act forms a new structure for corporate governance, establishing higher levels of fiscal accountability for U.S. businesses. Company officers could face criminal litigation and penalties if found in non-compliance.

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