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In the wake of all the accounting scandals over the past several years, how has the Sarbanes-Oxley Act (SOX) of 2002 affected the practice of accounting? What is the role of internal controls in complying with SOX (2002)?
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Sarbanes-Oxley Act of 2002 is the act passed by the Congress of United States in the year
2002 with an intention to protect the investors from the possibility of fraudulent accounting
acts which...