Sarbanes- oxley applies to publicly held companies.
What is covered under the Sarbanes-Oxley Act?
- All publicly traded American businesses are covered by the Sarbanes-Oxley Act. any and all wholly-owned subsidiaries operating in the United States.
- every foreign company with a public listing that conducts business here.
What are the Sarbanes-Oxley Act's fundamental rules?
- Each corporation is required by Rule 404 to implement efficient financial controls.
- Financial statements for each company must be personally certified by the CEO and CFO.
- If they violate the law, these officers could face criminal charges.
Learn more about Sarbanes-Oxley Act
brainly.com/question/28342793
#SPJ4
