Sarbanes-Oxley Act (SOX)
In what year was the Sarbanes-Oxley Act enacted?
2002
What does the Whistleblower Protection Act do?
Protects federal employees who report misconduct
What does the Freedom of Information Act allow people to access?
Government records
What is the purpose of anti-corruption laws?
(To prevent and punish bribery and unethical practices)
What does ISO stand for?
(International Organization for Standardization)
What is the primary purpose of the Sarbanes-Oxley Act?
To prevent corporate fraud and protect investors
What year was the Whistleblower Protection Act passed?
1989
In which year was the Freedom of Information Act (FOIA) enacted in the United States?
1966
What does the Foreign Corrupt Practices Act (FCPA) prohibit?
(Bribing foreign government officials)
Which ISO standard focuses on information security management?
ISO 27001
What are the two sections of Sarbanes-Oxley that are the most well-known?
Section 302 and Section 404
Which federal office is responsible for investigating whistleblower retaliation claims?
The Office of Special Counsel (OSC)
How many exemptions are there under the Freedom of Information Act?
Nine
Which country passed the UK Bribery Act in 2010?
(United Kingdom)
Which ISO standard focuses on information security management?
(ISO 27001)
Which organization was established by the Sarbanes-Oxley Act to oversee audits?
Public Company Accounting Oversight Board (PCAOB)
Which law enhanced protections under the Whistleblower Protection Act in 2012?
Whistleblower Protection Enhancement Act
Which agency handles FOIA requests?
All federal executive branch agencies
Which convention adopted by the United Nations aims to combat corruption globally?
United Nations Convention against Corruption (UNCAC)
What is the main purpose of ISO 14001?
To provide guidelines for environmental management systems
What is the maximum prison sentence for executives who willfully violate financial reporting requirements under Sarbanes-Oxley?
20 years
Name a major limitation of the Whistleblower Protection Act.
It only applies to federal employees, not contractors or private sector employees
Which 1996 amendment made it easier for people to access information electronically?
Electronic Freedom of Information Act (E-FOIA) Amendments
What is a key difference between the UK Bribery Act and the Foreign Corrupt Practices Act?
The UK Bribery Act prohibits both public and private bribery, while the FCPA mainly addresses bribery of foreign public officials
Which ISO standard provides guidelines for corporate social responsibility?
ISO 26000