The Sarbanes Oxley Actof 2002 as we understand was a direct result of the corruption that existed during the collapse of Enron.
One of the issues at the time was that employees that worked for Enron were buying assets for pennies on the dollar and then turning around and selling these items for much more. In effect, the investors in Enron were being stolen from. This act is an act of accountability, making sure that all sales of excess inventory for less than the market value is approved by a team, and not a single person.
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