Sarbanes-Oxley Act of 2002: Difference between revisions
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[[Sulphur dioxide]] is a toxic gas with a pungent, irritating smell. Its chemical formulation is not SOX, however, but SO<sub>2</sub>. | {{g}}[[Sulphur dioxide]] is a toxic gas with a pungent, irritating smell. Its chemical formulation is not [[SOX]], however, but SO<sub>2</sub>. | ||
SOX is the The [[Sarbanes-Oxley Act of 2002]], a pungent and tedious piece of US consumer protection legislation introduced as a reaction to a number of major corporate and accounting scandals, including [[Enron]] and [[WorldCom]]. | [[SOX]], by contrast, is the The [[Sarbanes-Oxley Act of 2002]], a pungent and tedious piece of US consumer protection legislation introduced as a reaction to a number of major corporate and accounting scandals, including [[Enron]] and [[WorldCom]]. | ||
If [[Enron]] is the horse, oblivion the paddock to which it bolted and the executive branch of the US government the stable, then [[Sarbanes-Oxley]] is the door. | If [[Enron]] is the horse, oblivion the paddock to which it bolted and the executive branch of the US government the stable, then [[Sarbanes-Oxley]] is the door. | ||
{{c|US Regulation}} | {{c|US Regulation}} | ||
Revision as of 08:40, 3 October 2019
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Sulphur dioxide is a toxic gas with a pungent, irritating smell. Its chemical formulation is not SOX, however, but SO2.
SOX, by contrast, is the The Sarbanes-Oxley Act of 2002, a pungent and tedious piece of US consumer protection legislation introduced as a reaction to a number of major corporate and accounting scandals, including Enron and WorldCom.
If Enron is the horse, oblivion the paddock to which it bolted and the executive branch of the US government the stable, then Sarbanes-Oxley is the door.