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Introducing Sarbanes Oxley
Simplified
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In the
stock market disaster that occurred in the late 1990s, many ordinary
investors lost trillions of dollars. |
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A much smaller number of business ethics deficient
individuals, operating in the stock market, made billions at the
expense of the ordinary investor.
This can be described as poor risk management by ordinary investors or, perhaps more accurately, as an "orchestrated
transfer of wealth" designed and executed by ethics challenged parasites.
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These individuals used
various deceptive practices to gain an unfair advantage. You will
learn about these individuals and their practices in this
course. |
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In response to public
outrage, Senator Paul Sarbanes from Maryland and Congressman
Michael Oxley from Ohio introduced a law intended to encourage
improved business ethics and penalize unethical behavior in the stock
market and corporate financial reporting. |
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An "ACT" is the formal
product of a lawmaking body. The U.S. Congress has the job of
making laws in the U.S. The Act was passed in 2002.
Thus the name "Sarbanes Oxley Act of 2002". |
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Financial literacy precedes financial honesty. This starts with being able to understand the Act and its key terms. We include a full glossary with over 200 key terms in our Sarbanes Oxley training course as well as navigable copies of the act in popular formats. The terms are directly hot linked to the glossary as they are encountered in the act.
Using elearning technology, we have made the act understandable and fun to learn.
Sarbanes Oxley training should begin with a firm understanding of the act itself as an essential component of any compliance training or risk management program.
That is what we deliver. |
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