The Sarbanes-Oxley Act came into force in 2002, and introduced major changes to the regulation of financial practice and corporate governance. Named after its architects, Senator Paul Sarbanes and Representative Michael Oxley, it also set a number of deadlines for compliance.
The Sarbanes-Oxley Act is arranged into eleven titles. As far as compliance is concerned, the most important sections within the act are often considered to be 302, 401, 404, 409, 802 and 906.
An over-arching public company accounting board was also established by the act, which was introduced amidst a host of publicity.
See a complete Sarbanes-Oxley Solution Brief