SOX Compliance
- In 2002, the United States Congress passed the Sarbanes-Oxley Act (SOX) to protect shareholders and the general public from accounting errors and fraudulent practices in enterprises, and to improve the accuracy of corporate disclosures.
- An Audit of Internal Control over Financial Reporting performed in conjunction with an audit of financial statements.
- All public companies now must comply with SOX, both on the financial side and on the IT side.