ipl-logo

Compare And Contrast Gramm-Bliley And Sarbanes-Oxley

333 Words2 Pages
The Sarbanes-Oxley (SOX), Health Insurance Portability and Accountability Act (HIPAA) and Gramm-Leach-Bliley (GLBA) acts all revolve around safeguarding or guaranteeing that information is truthful. While each act is protecting data in separate fields there are some very clear similarities. SOX requires companies to provide accurate accounting and requires a framework that can generate financial reports that are readily verifiable with traceable source data. There are three key provisions. Section 302 makes officers responsible for the accuracy of financial statements and the strength of their procedures for financial accounting. Section 401 requires liabilities, obligations etc to be included in these financial reports. Lastly Section 404
Open Document