Sarbanes-Oxley and College Accountability

In the summer of 2002, following scandals at the Enron Corporation and other public companies, Congress enacted sweeping securities-law reform in the form of the Sarbanes-Oxley Act. The law mandates -- or, by requiring disclosure, strongly encourages -- the adoption of a host of financial-reporting and governance measures. Except for a few relatively discrete provisions, Sarbanes-Oxley -- used here as shorthand for both the law itself as well as various federal regulations and

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