SOX


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Sarbanes Oxley Act of 2002

Legislation in the United States, passed in 2002, intended to increase transparency in accounting practices. It was adopted in the wake of a series of scandals involving aggressive accounting on the part of a number of major accounting firms, notably Arthur Andersen. Among other provisions, it created the Public Accounting Oversight Board to regulate accounting firms that provide auditing services. It established and enhanced provisions for auditor independence and financial disclosures to limit potential conflicts of interest. It introduced a requirement that the chief executive officer must sign a corporation's tax return and enhanced punishments for white collar crime. Proponents argue that the Act has increased transparency in public accounting, while critics contend that it has driven business outside the United States.

SOX

See Sarbanes-Oxley Act of 2002.

References in periodicals archive ?
Red Sox Century shows the seasonal ups and downs in exquisitely vivid hues.
The Red Sox look forward to working with owner Pete Carfagna and his staff to bring a top-quality ballclub to Lancaster,'' Boston farm director Mike Hazen said in a prepared statement.
Proper SOX compliance will enable all business functions within the company to propose, debate and negotiate what the company's priorities and business initiatives ought to be.
11, 1986 Angels 4 Anaheim Stadium Angels 4, Red Sox 3 64,223 3:50 Doug Corbett Calvin Schiraldi None
When the Red Sox claimed Lopez, the Orioles could have pulled him back from waivers and he would have had to remain with his club the remainder of season.
Within this context, technology support for SOX is in line with the issues of strategy and operations management.
Also this season, a White Sox player was hit in a series against the Cleveland Indians and Javier Vazquez was responsible for revenge.
White Sox manager Ozzie Guillen later said that Escobar was out of sorts on the play because he was trying to inflict pain on Pierzynski with the tag.
The Chicago White Sox are just one of the many professional sports teams to use Portfolio for its digital asset management needs, including the Milwaukee Brewers, the Cleveland Indians, the Texas Rangers, and the St.
Kelvim Escobar, who lost both Games 2 and 5 of the ALCS, will have a shot at revenge against the White Sox today but insists he isn't thinking about the past.
For two hours prior to game time, The Red Sox Wives will greet fans making donations at each of Fenway Park's gates.
The White Sox bullpen pitched just two-thirds of an inning in the entire five-game ALCS.