In addition to requiring that CEO's personally certify the accuracy of financial statements, the United States' Sarbanes-Oxley Act of 2002 (which resembles Bill 198 and other initiatives by the
Canadian Securities Administrators)also requires that

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The Sarbanes-Oxley Act of 2002 requires auditors to disclose any potential conflicts of interest. This is an important measure to ensure the independence and objectivity of auditors, which is crucial for maintaining confidence in financial reporting. However, the Act does not require CEOs to conduct audits themselves, nor does it require firms to raise funds through bonds only, or to issue financial statements more frequently than quarterly.

In Addition to Requiring That CEO's Personally Certify the Accuracy