Answered

Westonci.ca makes finding answers easy, with a community of experts ready to provide you with the information you seek. Join our Q&A platform to connect with experts dedicated to providing precise answers to your questions in different areas. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

SOX requires the Chief Executive Officer (CEO) and which corporate officer to certify the accuracy of the financial statements?

Sagot :

anthougo

Answer:

SOX requires the Chief Executive Officer (CEO) and the Chief Financial Officer (CFO) to certify the accuracy of the financial statements.

Explanation:

This requirement ensures the public accountability of the top chief executive officers of publicly-traded companies.  The CEO is at the helm of affairs of the company, while the CFO has responsibility for the financial records, which produced the financial statements.  This is the reason that the two top managers are required to sign off the financial statements, thus, vouching their accuracy.

Thank you for choosing our service. We're dedicated to providing the best answers for all your questions. Visit us again. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.