Sarbanes-Oxley Act of 2002

GPTKB entity

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