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The Influence of Sabinas-Oxley Act on China Audit
There are two effects:

1, which strengthens the independence and responsibility of audit institutions. The SOX Act stipulates that audit institutions must be independent of the audited enterprise and must not have an interest relationship with the enterprise. At the same time, audit institutions have stricter responsibilities and legal responsibilities for audit results.

2. Improve the transparency and accuracy of financial reports. SOX Act requires listed companies to strengthen internal control to ensure the accuracy and timeliness of financial reports.