The _____ Act established strict accounting and reporting rules to make senior managers more accountable and to improve and maintain investor confidence.

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act, also known as the Public Company Accounting Reform and Investor Protection Act of 2002, was passed in response to several high-profile corporate scandals such as Enron and Worldcom. It established strict accounting and reporting rules for public companies and their auditors to make senior managers more accountable and to maintain investor confidence.

The _____ Act Established Strict Accounting and Reporting Rules to Make