Public Company Accounting Reform and Investor Protection Act of 2002

Public Company Accounting Reform and Investor Protection Act of 2002
Sarbanes-Oxley Act of 2002 / Sarbanes-Oxley / SOX/ Sarbox / Public Company Accounting Reform and Investor Protection Act of 2002
A US statute which became law on 30 July 2002. The Act makes substantial changes to the regulation of the accounting profession and includes significant corporate governance and disclosure reforms. It extends to non-US companies with US Securities Exchange Act and/or Securities Act registrations and to the non-US auditors of these companies.
Many provisions of the Act require implementation through rule making by the Securities and Exchange Commission (SEC).
For further information, see the SEC website: .
USA
Also known as the Public Company Accounting Reform and Investor Protection Act of 2002.
A statute enacted on July 30, 2002 in response to a number of major corporate and accounting scandals, including those affecting Enron, Tyco International, Adelphia, Peregrine Systems and WorldCom, which cost investors billions of dollars when the share prices of the affected companies collapsed and shook public confidence in the nation's securities markets. Sarbanes-Oxley made a number of significant changes to federal regulation of public company corporate governance and reporting obligations. The Act establishes new or enhanced standards for all US public company boards, management, and public accounting firms, but does not apply to privately held companies.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • Dodd–Frank Wall Street Reform and Consumer Protection Act — Titre An Act to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end too big to fail , to protect the American taxpayer by ending bailouts, to protect consumers from… …   Wikipédia en Français

  • Sarbanes-Oxley Act of 2002 — / Sarbanes Oxley / SOX/ Sarbox / Public Company Accounting Reform and Investor Protection Act of 2002 A US statute which became law on 30 July 2002. The Act makes substantial changes to the regulation of the accounting profession and includes… …   Law dictionary

  • Sarbanes-Oxley Act — The Sarbanes Oxley Act of 2002 (USStatute|107|204|116|745|2002|07|30), also known as the Public Company Accounting Reform and Investor Protection Act of 2002 and commonly called SOX or Sarbox; is a United States federal law enacted on July 30,… …   Wikipedia

  • History of private equity and venture capital — The history of private equity and venture capital and the development of these asset classes has occurred through a series of boom and bust cycles since the middle of the 20th century. Within the broader private equity industry, two distinct sub… …   Wikipedia

  • Sarbanes-Oxley — Act of 2002 / Sarbanes Oxley / SOX/ Sarbox / Public Company Accounting Reform and Investor Protection Act of 2002 A US statute which became law on 30 July 2002. The Act makes substantial changes to the regulation of the accounting profession and… …   Law dictionary

  • SOX — Sarbanes Oxley Act of 2002 / Sarbanes Oxley / SOX/ Sarbox / Public Company Accounting Reform and Investor Protection Act of 2002 A US statute which became law on 30 July 2002. The Act makes substantial changes to the regulation of the accounting… …   Law dictionary

  • Sarbox — Sarbanes Oxley Act of 2002 / Sarbanes Oxley / SOX/ Sarbox / Public Company Accounting Reform and Investor Protection Act of 2002 A US statute which became law on 30 July 2002. The Act makes substantial changes to the regulation of the accounting… …   Law dictionary

  • Chronologie des faits économiques — Évolution du PIB de l an 1 à l année 2003, basé sur les données d Angus Maddison …   Wikipédia en Français

  • Bill 198 — In Canada, Bill 198 is an Ontario legislative bill effective 1 October 2003 that encompasses many areas. It is perhaps best known for clauses that provide equivalent legislation to the U.S. Sarbanes Oxley Act to protect investors by improving the …   Wikipedia

  • Chronologie Des Faits Économiques — 302 L empereur romain Dioclétien introduit le système de budget annuel 345 Le concile de Carthage dénonce les prêts avec intérêt 1170 Premières participations de marchands italiens aux foires de Champagne (six foires annuelles) qui resteront le… …   Wikipédia en Français

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”