The goal of the U.S. Sarbanes-Oxley Act is to prevent deceptive accounting and management practices and thus to increase confidence in corporate governance.

Question

Quizplus · Accepted Answer

The U.S. Sarbanes-Oxley Act was enacted in response to accounting scandals such as Enron and WorldCom and aims to improve corporate governance and prevent deceptive accounting and management practices. Its ultimate goal is to increase confidence in financial reporting and restore public trust in corporate entities.

The Goal of the U