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Sarbanes-Oxley Act
U.S. legislation enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures.
Accounting Standards
Rules and guidelines set by governing bodies that determine how financial transactions and statements are recorded and reported.
Independent Audit Firms
External organizations hired to examine an entity's financial records and statements to ensure accuracy and compliance with accounting standards.
Publicly Owned Companies
Corporations whose shares are traded on public stock exchanges, allowing public investing and ownership.
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