Sarbanes-Oxley Summary: Four Ways Sarbanes-Oxley Stops Corporate Fraud

Sarbanes-Oxley Summary: Four Ways Sarbanes-Oxley Stops Corporate Fraud

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Original Source: The Balance

“The Sarbanes-Oxley Act of 2002 cracks down on corporate fraud. It created the Public Company Accounting Oversight Board to oversee the accounting industry. It banned company loans to executives and gave job protection to whistleblowers. The Act strengthens the independence and financial literacy of corporate boards. It holds CEOs personally responsible for errors in accounting audits…”

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