The Sarbanes-Oxley Act of 2002 is a United States Federal Law which was enacted in response to a number of significant corporate accounting scandals, resulting in a decline of public trust in accounting and reporting practices. The legislation established both new and enhanced standards for all U.S. public company boards, their management, and public accounting firms.

 

The result of the Sarbanes-Oxley Act (SOX) has been a significant change in the corporate regulatory climate, placing stringent corporate governance demands on companies’ officers, directors, auditors, accountants, attorneys, investment bankers and security analysts. Audit committee members must now ensure internal corporate adherence and oversee the work of the public accountants. In addition, CEO’s and CFO’s must certify the accuracy of financial statements and the effectiveness of the company’s internal controls over financial reporting.

 

Taylor White has a proven SOX methodology and experienced team of SOX experts. Click here to learn more about how we can assist you in achieving compliance with this complex, comprehensive law.

 

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