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Illegal Act
An action that is forbidden by law and subject to criminal or civil penalties.
Auditors
Professionals who examine financial records to ensure their accuracy and compliance with applicable rules and regulations.
Sarbanes-Oxley Act
A law passed in 2002 by the U.S. government aimed at safeguarding investors by enhancing the truthfulness and consistency of corporate reporting.
Accountant-Client Privilege
A legal principle that protects the confidentiality of communications between an accountant and their client.
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