Audits and Internal controls under SOX
Sarbanes-Oxley act of 2002 is deemed to be the most important piece of legislation since formation of Security and Exchange Commission of 1934. Legislation was passed right after the burst of high tech bubble and fraud scandals of giants like Enron and WorldCom. This legislation was passed to restore faith of investors, but many businesses felt like it was politically driven over-correction and wo…Read More