12-03-2004, 08:32 PM
Because a lot of Fortune 100 companies are listed on the SEC in the US,.. SOX is a requirement now for all their subsidaries and associates all over the world. So I would say that SOX has a worldwide effect and not just in the US. Ofcourse local variants and guidelines on SOX style have sprung up in other countries too, so depends what the local regualtions have to say...
SOX is not a çompany's internal matter anymore,,, regulations pretaining to the act must be abided to stay within the guide lines of the SEC
"Allah does not change the state of people unless they change what is within themselves" Quran 1311
SOX is not a çompany's internal matter anymore,,, regulations pretaining to the act must be abided to stay within the guide lines of the SEC
"Allah does not change the state of people unless they change what is within themselves" Quran 1311
