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Under Sarbanes-Oxley, chief executives and chief financial officers must sign off on financial reports and certify their accuracy under penalty of jail and/or personal fines.
Sarbanes-Oxley
U.S. legislation enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to securities laws.
Chief Executives
are the highest-ranking corporate officers or administrators in charge of managing an organization or corporation.
Certify Accuracy
To officially confirm or verify that information, document, or process is true, correct, and meets specified standards.
- Comprehend the legal structures, such as the Sarbanes-Oxley Act, that regulate corporate governance and influence the management of corporate conduct.
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Learning Objectives
- Comprehend the legal structures, such as the Sarbanes-Oxley Act, that regulate corporate governance and influence the management of corporate conduct.
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