1. Sarbanes-Oxley Act
... necessary to do business in the new global market. On July 30, 2002 President Bush signed the Sarbanes-Oxley Act of 2002. The new rules imposed will change the way "big business" is operated in the public spotlight. The effects of the Sarbanes-Oxley Act of 2002 will greatly impact businesses by the way their relationship is conducted with their lawyers and CPA's and encourage ... to a Cayman Island entity that then sold it, the company didn't" have to report the transaction.(Forbes, 2002 September 10) The act of limitations has also been increased from 1 year from the discovery of fraud...
- Word Count: 1972
- Approx Pages: 8
- Grade Level: Undergraduate