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Sarbanes-Oxley Act: Meaning, History, Importance And Requirements

Sarbanes-Oxley Act: Meaning, History, Importance And Requirements

Financial record and auditing manipulation or fraud have been one of the most rampant strategies deployed by organizations and individuals to embezzle funds since the 19th century as there wasn’t a law like the Sarbanes-Oxley Act. The US government dived into finding the best ways to curb the practice after lots of money was laundered in the country many years ago. In their quest to curb the ever-increasing money-laundering and highly destructive events, the American lawmakers proposed the Sarbanes-Oxley Act…

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