Advantages and disadvantages of The Sarbanes Oxley Act. 1348



  • i need the infor about the advantages and disadvantages of the The Sarbanes Oxley Act …
    hope someone can get me a detail of the advantages and disadvantages of the The Sarbanes Oxley Act . Thank you



  • or pls tell me where i can get the detail of it …10q



  • Advantage: Comply with a legal requirement.
    Disadvantage: Don’t comply and/or fail…reputation risk, risk in the investment community, etc.
    You should read the other posts and review the resources identified on the home page for specifics.



  • If u r required to comply with SOX, u dont do it, u lose all ur business rite away.
    the prospective customers perceive u to be an unstable vendor, the investors perceive u to be an unstable investment option, the govt perceives u to be, welllll whatever.
    ultmately, business runs on perceptions and once it changes, there is no business to run at all.
    On the Technical side, Sox strengthens ( supposedly atleast) the control environment in ur orgn that in turn ensures reliable processes and reliable financial reporting
    thats abt it


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