The Sarbanes-Oxley Act of 2002 holds high-ranking corporate officials responsible for the validity and accuracy of their companies' financial statements.

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The Sarbanes-Oxley Act of 2002, also known as the Public Company Accounting Reform and Investor Protection Act, includes provisions that hold high-ranking corporate officials responsible for the validity and accuracy of their companies' financial statements. This includes the CEO and CFO, who must certify the accuracy of their company's financial statements, as well as board members who must oversee the financial reporting process.

The Sarbanes-Oxley Act of 2002 Holds High-Ranking Corporate Officials Responsible