In response to accounting scandals in 2002, the federal government passed legislation requiring that corporate directors have a certain level of expertise with financial information and mandating that chief executive officers personally certify the accuracy of financial statements. What is the name of this legislation?

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act was enacted in 2002 in response to major accounting scandals, and it includes provisions for corporate governance, financial disclosures, and the responsibilities of corporate officers.

In Response to Accounting Scandals in 2002, the Federal Government