SOX Compliance

The Sarbanes-Oxley Act (SOX), passed in 2002, was designed with the goal of increasing transparency in corporate governance and financial reporting through the implementation of accounting and disclosure requirements. It also was designed to formalize a system of internal checks and balances.

It is applicable to every publicly held American organization, each international organization that has registered securities with the SEC, and every accounting firm or financial services organization that services either of the previous categories of businesses.