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What Does It Mean To Be Sox Compliance? |
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Answer» A Definition of SOX Compliance. In 2002, the United States Congress PASSED the Sarbanes-Oxley ACT (SOX) to protect shareholders and the GENERAL public from accounting ERRORS and fraudulent practices in enterprises, and to improve the accuracy of corporate disclosures. A Definition of SOX Compliance. In 2002, the United States Congress passed the Sarbanes-Oxley Act (SOX) to protect shareholders and the general public from accounting errors and fraudulent practices in enterprises, and to improve the accuracy of corporate disclosures. |
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