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Investor Relations

The Sarbanes-Oxley Act

The Sarbanes-Oxley Act of 2002 (also known as the Public Company Accounting Reform and Investor Protection Act, and the Corporate and Auditing Accountability and Responsibility Act) greatly increased the importance of investor relations in the financial markets. The United States federal law enacted new requirements for corporate governance and regulatory compliance, with greater emphasis on accuracy in auditing and public disclosure. Notable provisions of the act which apply to investor relations include enhanced financial disclosures and accuracy of financial reports, real-time disclosures, off-balance-sheet transaction disclosures, pro forma financial disclosures, management assessment of internal controls, and corporate responsibility for financial reports.