The United States Congress approved the Sarbanes-Oxley Act in 2002 and initiated rules to safeguard the public from deceitful or wrong practices by corporations and other business entities. The main objective of the law is to improve limpidity in the financial reporting by corporations and to require a pompous system of checks and balances in each corporation.

SOX Compliance, refers to The Sarbanes-Oxley Act of 2002. The Sarbanes-Oxley Act is known to assist in assuring stakeholders’ safety through stringent improvements in the sphere of corporate financial declarations.