The Sarbanes-Oxley Act of 2002 (SOX) was introduced to restore trust in financial reporting after high-profile corporate scandals. For CFOs, this act redefined their responsibilities by making them the stewards of compliance, financial transparency, and corporate...
What is SOX Compliance? SOX compliance, established by the 2002 Sarbanes-Oxley Act, sets standards for corporate governance and financial reporting in the U.S. These regulations aim to improve corporate governance, financial reporting accuracy, and investor...
Understanding the differences between SOX regulatory compliance and SOC compliance is vital for organizations looking to manage risk and establish trust. While both frameworks aim to uphold organizational integrity, SOX focuses on financial accuracy and transparency,...