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Sarbanes-Oxley Act Sarbanes-Oxley Act is the federal legislation designed to deter and punish corporate and accounting fraud and corruption and to protect the
Sarbanes-Oxley Act of 2002 Sarbanes-Oxley Act of 2002 is the Sarbanes-Oxley Act of 2002 was enacted to increase accountability of corporations to their shareholders in the wake of recent accounting scandals
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SARBANES-OXLEY ACT OF 2002 Following a string of wrongdoing by corporate executives in 2000 to 2002, and the subsequent failures of their firms, Washington lawmakers proposed more than 50 policies to reassure investors. None of the resulting bills were able to pass both houses of Congress until the Banking Committee Chairman Paul Sarbanes (D-MD) proposed legislation to establish new auditing and accounting standards.
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