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Overall Intent of the Sarbanes-Oxley Act, 2002 can be described as below:. To prevent accounting scandals.
To bring reforms in the financial reporting of the company to keep the public confidence in the Company. To implement legal actions for fraud or misstatement in Financial Reporting. Establish a body to audit the financials of the Company. Establishment of Corporate Responsibility for Financial Statement.
Establishment of Internal Control in the companies to improve the reporting and recording of Financial Transactions. Why is Chegg Study better than downloaded Managerial Accounting 10th Edition PDF solution manuals? It's easier to figure out tough problems faster using Chegg Study. Unlike static PDF Managerial Accounting 10th Edition solution manuals or printed answer keys, our experts show you how to solve each problem step-by-step.
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