Analyst BA4 Interview Questions and Answers

The Sarbanes-Oxley Act (SOX) is a US federal law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures.

• SOX was introduced in response to accounting scandals such as Enron and WorldCom.

• It requires public companies to establish and maintain internal controls to ensure accurate financial reporting.

• SOX mandates independent audits of financial statements by external auditors.

• It holds CEOs and CFOs personally responsible for the acc...read more