Question

The _____ includes civil, criminal, and accounting reforms that drastically expand the accountability demanded of corporate officers and directors. Electronic Communications Privacy Act Foreign Corrupt Practices Act Computer Fraud and Abuse Act Sarbanes-Oxley Act

Answer 1

Answer:

Sarbanes-Oxley Act.

Explanation:

The Sarbanes-Oxley Act was established in 2002 to provide safety and protection to investors, workers and the public from accounting errors and to reduce corporate crimes. It is a federal law implemented to regulate major changes in the regulation of financial practice and corporate governance.

The Sarbanes-Oxley Act includes various civil, criminal, and accounting reforms that drastically expand the accountability demanded of corporate officers and directors. It has eleven sections or titles which provides regulations and compliance that every corporate and public auditing should comply.

This act aims to improve efficiency in the financial reporting of corporate companies as well as ensure protection to investors from cases of corporate crime.