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White Papers for Sarbanes-Oxley (SOX)International Accounts Payable Professionals CAPP - Study Paper: Sarbanes-Oxley (SOX) Act of 2002International Accounts Payable Professionals The Sarbanes-Oxley Act of 2002 is named after its primary inventors: Senator Paul Sarbanes (D-Maryland), and Representative Michael Oxley (R-Ohio). The Act ensures internal controls are validated by a repeatable management assertion process, establishes corporate responsibility and business ethics, institutes enhanced financial disclosures, requires accountability for corporate and criminal fraud, and revises the penalties for white-collar crime
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