The U.S.Congress enacted the ____,which is designed to enforce accountability for the financial record keeping and reporting at publicly traded corporations.

Question

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The Sarbanes-Oxley Act (SOX) was enacted by the U.S. Congress in 2002 to enforce accountability for the financial record keeping and reporting at publicly traded corporations. It was introduced in response to a number of high-profile corporate accounting scandals, such as the Enron scandal. SOX aims to protect investors by improving the accuracy and reliability of corporate disclosures, requiring senior executives to personally certify the accuracy of financial statements, and establishing stronger penalties for fraudulent activity.

The USCongress Enacted the ____,Which Is Designed to Enforce Accountability for for the Financial