Sarbanes-Oxley Act of 2002

Sarbanes-Oxley Act of 2002 (SOX) is a congressional act that enhances internal control and financial reporting requirements and establishes new regulatory requirements for publicly traded companies and their independent auditors.

Definitions

According to Managerial Accounting by Braun, Tietz (5th edition),

Sarbanes-Oxley Act of 2002 (SOX). A congressional act that enhances internal control and financial reporting requirements and establishes new regulatory requirements for publicly traded companies and their independent auditors.