Sarbanes Oxley
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The sarbanes oxley act Was created on July 30th 2002, by Senator Paul Sarbanes and Representative Michael Oxley, who drafted the bill. It followed a series of high profile scandals. Its objective is to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to the securities laws. Sarbanes Oxley software has been aptly designed for the corporate world to introduce it to the Sarbanes Oxley act. It also helps the accounting personnel to take an insight into the legislation and document the financial reports as per the act. But is it the solution for sarbanes oxley compliance Issues?
