Welcome back to another episode of Reporting Norms, where we dive into the intricacies of financial reporting and corporate governance. In today's episode, we're joined once again by Jay, an expert in systems risk management and finance based in San Jose, California. Together with our host, Norm, who is an authority in financial reporting and digital finance transformation from Nashville, Tennessee, we'll be discussing the far-reaching impacts of the Sarbanes-Oxley Act (SOX).

In this enlightening conversation: 

Jay shares his personal journey from being an accountant in India to becoming a sought-after expert in the United States, all thanks to SOX. 

We delve into the infamous corporate scandals of Enron and WorldCom that led to the creation of SOX, and how these events reshaped corporate governance and financial accountability. 

Jay provides compelling real-world examples of SOX in action, from dealing with ransomware attacks to correcting accounting errors, and highlights the critical importance of internal controls and executive accountability.

Stay tuned as we break down the provisions of SOX, its criticisms, and its undeniable role in restoring trust in the capital markets. So sit back, relax, and enjoy this deep dive into the world of financial accountability and corporate governance with Norm on Reporting Norms.

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