Sarbanes-Oxley Act (SOX)

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SARBANES-OXLEY ACT PAPER 2IntroductionFinancial regulatory is very critical for an organization, especially the public limited companies. It is on this basis that the Sarbanes-Oxley Act (SOX) was enacted in the year 2002 inU.S. Several factors led to the research and actual enactment of SOX. This was necessitated by several scandals in various companies, related to accounting principles and practices. Such companies, included Adelphia, Enron, and Global crossing.The current essay examines the correlation between SOX and business operations in U.S as well as the governance principles of regulatory compliance requirement related to SOX. The essay also discusses the role SEC and how SOX affected the agency, as well as how SOX strengthened and

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