The Sarbanes-Oxley Act (SOX) was enacted in 2002 in order to ensure a more transparent process for reporting on productivity and the financial condition of the firm.

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The Sarbanes-Oxley Act (SOX) was enacted in 2002 to improve transparency and accountability in financial reporting and to protect investors from fraudulent practices. SOX imposed some requirements on companies, including the establishment of internal controls, the certification of financial statements by chief executives and chief financial officers, and the creation of an independent oversight board for accounting firms.

The Sarbanes-Oxley Act (SOX) Was Enacted in 2002 in Order