Examlex
What does SCM stand for?
Sarbanes-Oxley Act
The Sarbanes-Oxley Act is a U.S. law enacted in 2002 to protect investors from potential fraudulent activities by corporations, improving financial disclosures and preventing accounting fraud.
Auditor's Report
A formal opinion or disclaimer, issued by an independent external auditor as a result of an audit or evaluation of a firm's financial statements.
Financial Statements
Formal records that outline the financial activities and condition of a business, including the balance sheet, income statement, and cash flow statement.
Unusual Item
A significant transaction or event that is infrequent in nature, distinct from the ordinary activities of the business.
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