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Why private companies and not-for-profits can't ignore Sarbanes-Oxley Act
 
Why private companies and not-for-profits can’t ignore Sarbanes-Oxley Act: Spirit of legislation shapes best practices for all organizations

The Sarbanes-Oxley Act of 2002, passed in response to highly publicized corporate wrongdoings, seeks to ensure accurate and transparent financial reporting by public companies through a number of means, including increased management accountability. The effects of these accounting and audit requirements extend far beyond publicly owned companies, however.

 
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