what is stand for SOX?

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what is stand for SOX?

2007-03-03 17:13:41 · 2 answers · asked by sudar s 1 in Business & Finance ➔ Corporations

2 answers

The Sarbanes Oxley act that requires comapnies to show they successfully manage and mitigate risks involved with financial reporting

2007-03-03 17:17:03 · answer #1 · answered by Tiger by the Tail 7 · 0⤊ 0⤋

Stands for sarbanes oxley.

Here is a Wiki link to its purpose and why it exists. Thanks to Enron and other corrupt companies, now everyone has to pay for what they did...

http://en.wikipedia.org/wiki/Sarbanes-Oxley_Act

2007-03-04 01:18:32 · answer #2 · answered by Sheida 1 · 0⤊ 0⤋