Requirements of the law covering the accountability of nonprofit organizations are included in the Sarbanes-Oxley Act of 2002.

Question

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The Sarbanes-Oxley Act of 2002 includes provisions for the accountability and transparency of nonprofit organizations, in addition to publicly traded companies. This includes requirements for financial reporting and disclosure, as well as establishment of audit committees and whistleblower protections.

Requirements of the Law Covering the Accountability of Nonprofit Organizations