(the) Sarbanes-Oxley Act

noun

Definitions of (the) Sarbanes-Oxley Act

English

a 2002 US Act of Congress that established new and enhanced standards for all public company boards and management, as well as public accounting firms, ranging from corporate board responsibilities to criminal penalties to strengthening corporate accounting controls

Mr. Bruno believed this practice constituted fraud and a violation of The Sarbanes Oxley Act.