Statements (61)
Predicate | Object |
---|---|
gptkbp:instance_of |
gptkb:legislation
|
gptkbp:affects |
gptkb:Accounting_Software
|
gptkbp:aims_to |
protect investors
reduce corporate fraud |
gptkbp:amends |
gptkb:Securities_Exchange_Act_of_1934
|
gptkbp:applies_to |
publicly traded companies
|
gptkbp:effective_date |
July 30, 2002
|
gptkbp:enacted_by |
gptkb:United_States_Congress
|
gptkbp:establishes |
gptkb:Public_Company_Accounting_Oversight_Board
rules for financial disclosures standards for financial reporting rules for corporate governance criminal penalties for securities fraud rules for financial audits rules for financial reporting integrity standards for auditor independence |
https://www.w3.org/2000/01/rdf-schema#label |
Sarbanes-Oxley Act of 2002
|
gptkbp:includes |
Section 302
Section 404 |
gptkbp:increased |
regulatory oversight
transparency in financial reporting investor confidence accountability of corporate executives penalties for fraudulent financial activity |
gptkbp:influenced_by |
gptkb:Enron_scandal
World Com scandal |
gptkbp:mandates |
financial statement audits
disclosure of changes in internal control over financial reporting audit committee independence disclosure of financial expert on audit committee disclosure of material changes in financial condition disclosure of off-balance sheet arrangements |
gptkbp:promotes |
corporate governance
|
gptkbp:provides |
whistleblower protections
protection against retaliation for whistleblowers protection for whistleblowers framework for corporate accountability guidelines for corporate responsibility |
gptkbp:requires |
financial disclosures
audit committee financial expertise audit partner rotation disclosure of executive compensation disclosure of related party transactions real-time disclosures of material changes timely reporting of financial information CEO and CFO certification of financial reports annual reports on internal control effectiveness internal controls assessment disclosure of material weaknesses in internal controls disclosure of audit fees disclosure of insider trades reporting of off-balance sheet transactions disclosure of financial performance metrics disclosure of management's assessment of internal controls disclosure of management's discussion and analysis. disclosure of code of ethics disclosure of significant risks and uncertainties |
gptkbp:signed_by |
gptkb:George_W._Bush
|
gptkbp:bfsParent |
gptkb:Securities_Exchange_Act_of_1934
gptkb:Securities_Exchange_Commission |
gptkbp:bfsLayer |
4
|