The Sarbanes-Oxley Act of 2002 offen referred to SOX is a federal law that was enacted on July 30 2002 by president George W. Bush in response to unethical accounting practices by publicly traded corporations which caused share holders to be deceived as it being the true finacial well being of the corporations in which they were investing. Due to the fact that the law was enacted in response with public corporate scandles that affected share holders wealth, it is not applied to privately held companies.

SOX provides that publicly traded companies of all sizes must meet its requirements. But, not all securities offering must be registered with SEC. The SEC exempts small offering to help smaller companies acquire capital more easily by lowering cost of offering securities to the public.

The SEC enforces the 1933 ACT requiring corporations to register stock and securities they offer to the public. This act led to implementation of SOX

This act addresses reform on issuses such as Internal control assessment, Corporate Governance measures, Need for independent auditors, Financial Statement accuracy and Need for enhanced Financial disclosure requirements.

Benefits of SOX

• Will have a understanding of 11 major elements of SOX
• have a knowledge of implementing SOX in existing corporations

About Trainer

All our consultants are senior professional with tremendous exposure to Information Security and Governance Risk & Compliance. With over a decade of experience in training & consulting, they help bring a lot of practical and industry relevant examples with case studies to the classroom which improves the overall learning experience. Our professional hold industry acclaimed accreditation such as : Phd , M.S , CISSP, CHFI, CISA, CISM, CEH, ISO 27001 LI / LA, CCNP, CWNA , MCSE & ITIL.