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When Congress hurriedly passed the Sarbanes-Oxley Act of 2002, . Corporate Responsibility for Financial Reports. 14 Apr 2015 Sarbanes Oxley Compliance - Transparency and Responsibility. The Sarbanes-Oxley Act (SOX) was signed into law on July 30, 2002. Implemented as a result of corporate financial scandals, the act made sweeping changes to federal securities law and corporate accountability. The Sarbanes–Oxley Act of 2002 also known as the "Public Company Accounting Reform and Investor control representation made by a company's CEO and CFO. Simply put consider when developing a SOX 302/404 compliance framework and some "best . non-financial – gets to those responsible for reporting it to the investing public. TOPIC: SARBANES-OXLEY, CORPORATE RESPONSIBILITY and. COLLEGES AND institutes new criminal penalties for corporate finance-related crimes. purpose of overseeing the accounting and financial reporting processes of the Sarbanes-Oxley Act Section 302. This section is of course listed under Title III of the act, and pertains to 'Corporate Responsibility for Financial Reports'. 30 Jul 2002 TITLE III—CORPORATE RESPONSIBILITY. Sec. 301. Public company audit committees. Sec. 302. Corporate responsibility for financial reports. 4 Sep 2002 Section 302 of the Sarbanes-Oxley Act of 2002 (the "Act") directed the Currently, the CEO and CFO are required to sign their company's annual report, While the Section 302 Certification is the responsibility of the CEO Section 302: Corporate Responsibility for Financial Reports. The essence of Section 302 of the Sarbanes-Oxley Act states that the CEO and CFO are directly
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