The Sarbanes-Oxley Act, better known simply as SOX, was a landmark bill passed in 2002 to prevent misleading financial reporting practices and other instances of fraud.
The Sarbanes-Oxley Act, better known simply as SOX, was a landmark bill passed in 2002 to prevent misleading financial reporting practices and other instances of fraud.
The value of the internal audit can be hard to justify, especially for young and small companies that would rather spend their money elsewhere.