The Sarbanes-Oxley Act (SOX) is primarily concerned with what aspect in organizations?
- Data security and encryption
- Employee health and safety
- Environmental sustainability
- Financial reporting and corporate governance
The Sarbanes-Oxley Act (SOX) is primarily concerned with financial reporting and corporate governance. It was enacted to improve transparency and accountability in financial disclosures by organizations. Understanding the focus of SOX is essential for professionals involved in compliance and governance, as it establishes requirements to prevent financial fraud and enhance the accuracy of financial reporting.__________________________________________________
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