Sarbanes - Oxley Act Internal Control Of Listed Companies In China

In 2002 a bunch of the company's financial scandals have been described as a "perfect storm",it seems that all possible financial fraud in the United States,staged several large listed companies have to compete,and then signed by U.S. President George W.Bush the "2002 Public Company Accounting Reform and Investor Protection Act" also known as "Sarbanes-Oxley Act" (that is, "Sarbanes Oxley-Aokesili Act," the text referred to as "Sarbanes-Oxley Act"), which is arelated to securities market regulation, corporate governance, accounting and auditing professional standards and other important legal reforms, but also from the United States since President Roosevelt's most far-reaching impact of the business community a reform bill.Since the Act does not make the conditions of exemption, that means that all companies listed in the United States, including in the US-registered listed companies and registered in the United States in foreign listed companies, must comply with the bill."Sarbanes-Oxley Act" has been published for eight years time, during which a number of listed companies for the implementation of the "Sarbanes-Oxley Act" has paid a huge cost and price, they also have the choice to withdraw due to overburdened the U.S. capital markets.After a few years later, we need to explore again, "Sarbanes-Oxley Act" for China's listed companies corporate governance and internal control effects.Through the Sino-US comparative study of internal controls to analyze, "Sarbanes-Oxley Act," the impact of our internal controls, and the last of China's listed companies on improving internal controls to give suggestions.