Public Law 107-204
E22973
Public Law 107-204 is the formal designation of the Sarbanes–Oxley Act of 2002, a landmark U.S. federal law that overhauled corporate governance and financial reporting standards to combat accounting fraud.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Public Law 107-204 canonical | 3 |
Statements (50)
| Predicate | Object |
|---|---|
| instanceOf |
Act of Congress
ⓘ
United States federal law ⓘ |
| alsoKnownAs |
Sarbanes–Oxley Act of 2002
ⓘ
surface form:
Corporate Responsibility Act of 2002
|
| appliesTo |
public company boards of directors
ⓘ
public company management ⓘ public company public accounting firms ⓘ publicly traded companies in the United States ⓘ |
| codifiedIn |
Title 15 of the United States Code
ⓘ
Title 18 of the United States Code ⓘ |
| country | United States of America ⓘ |
| creates | Public Company Accounting Oversight Board ⓘ |
| enactedBy | 107th United States Congress ⓘ |
| imposes |
criminal penalties for destroying or falsifying financial records
ⓘ
criminal penalties for securities fraud ⓘ |
| jurisdiction |
United States of America
ⓘ
surface form:
United States
|
| motivatedBy |
Enron accounting scandal
ⓘ
WorldCom accounting scandal ⓘ early-2000s corporate accounting scandals ⓘ |
| namedAfter |
Michael G. Oxley
ⓘ
Paul Sarbanes ⓘ |
| officialName | Sarbanes–Oxley Act of 2002 ⓘ |
| primaryPurpose |
to combat corporate and accounting fraud
ⓘ
to enhance corporate governance and accountability ⓘ to protect investors by improving the accuracy and reliability of corporate disclosures ⓘ |
| publicLawNumber | 107-204 ⓘ |
| regulates |
auditing of public companies
ⓘ
corporate financial reporting ⓘ internal control over financial reporting ⓘ |
| requires |
CEO and CFO certification of financial reports
ⓘ
independent auditor attestation of internal controls for certain issuers ⓘ management assessment of internal controls ⓘ |
| section |
Section 302
ⓘ
Section 404 ⓘ Section 802 ⓘ Section 906 ⓘ |
| shortName |
SOX
ⓘ
Sarbanes–Oxley Act of 2002 ⓘ
surface form:
Sarbanes–Oxley Act
Sarbox ⓘ |
| signedBy | George W. Bush ⓘ |
| signingDate | 2002-07-30 ⓘ |
| sponsor |
Michael G. Oxley
ⓘ
Paul Sarbanes ⓘ |
| statutesAtLargeCitation | 116 Stat. 745 ⓘ |
| strengthens |
oversight of external auditors
ⓘ
protections for whistleblowers in public companies ⓘ |
| subjectMatter |
accounting standards
ⓘ
corporate governance ⓘ financial reporting ⓘ securities regulation ⓘ |
| yearEnacted | 2002 ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Public Law 107-204 Description of subject: Public Law 107-204 is the formal designation of the Sarbanes–Oxley Act of 2002, a landmark U.S. federal law that overhauled corporate governance and financial reporting standards to combat accounting fraud.
Referenced by (3)
Full triples — surface form annotated when it differs from this entity's canonical label.