One of the objectives of the Sarbanes-Oxley Act was to
Select one:
O a. Increase the cost of compliance with federal regulations.
O b. Improve the quality and transparency of financial reporting.
O c. Increase the compliance burden for small companies.
d. Force foreign companies to delist from U.S. capital market exchanges.
Clear my choice
Answers
Answer:
त 11, राष्ट्रीय आंदोलन के किन्हीं दो सहभागियो
नेताओं के जीवन और कृतित्व के बारे में और पता
तथा उनके बारे में एक संक्षिप्त निबंध लिखें। आप
सी ऐसे व्यक्ति को भी
Explanation:
SARBANES-OXLEY ACT
One of the objective of the Sarbanes-Oxley act was to IMPROVE THE QUALITY AND TRANSPARENCY OF FINANCIAL REPORTING
DETAILED EXPLAINATION ON SARBANES-OXLEY ACT:
* The Sarbanes–Oxley Act of 2002 is a federal law enacted in the United States that requires firms to follow particular financial record-keeping and reporting procedures.
* Sarbanes–Oxley, also known as the "Public Company Accounting Reform and Investor Protection Act" (in the Senate) and the "Corporate and Auditing Accountability, Responsibility, and Transparency Act" (in the House), contains eleven sections that impose requirements on all US public company boards of directors and management, as well as public accounting firms.
* A number of sections of the Act, such as the willful destruction of evidence to obstruct a federal inquiry, also apply to privately held businesses.