As a result of accounting scandals, what legislation created new government reporting standards for publicly traded companies?

A. the Public Company Oversight Act
B. the Robinson-Patman Act
C. the Sarbanes-Oxley Act
D. the Clayton Act

Question

17-06-2024
Business

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As a result of accounting scandals, what legislation created new government reporting standards for publicly traded companies?

A. the Public Company Oversight Act
B. the Robinson-Patman Act
C. the Sarbanes-Oxley Act
D. the Clayton Act

Sagot :

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GinnyAnsweridn GinnyAnsweridn · Answer 1 · 2024-06-17T02:27:43-04:00

Final answer:

The Sarbanes-Oxley Act of 2002 established new reporting standards for publicly traded companies in response to accounting scandals.

Explanation:

The legislation that created new government reporting standards for publicly traded companies in response to accounting scandals is the Sarbanes-Oxley Act of 2002. This act aimed to increase confidence in financial information provided by public corporations to protect investors from accounting fraud.

Learn more about Sarbanes-Oxley Act here:

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Final answer:

Explanation:

Learn more about Sarbanes-Oxley Act here:

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