Sarbanes Oxley Act Section 303

 

SEC. 303. IMPROPER INFLUENCE ON CONDUCT OF AUDITS.
 
(a) RULES TO PROHIBIT.—
It shall be unlawful, in contravention
of such rules or regulations as the Commission shall prescribe as necessary and appropriate in the public interest or for the
protection of investors, for any officer or director of an issuer,
or any other person acting under the direction thereof, to take
any action to fraudulently influence, coerce, manipulate, or mislead
any independent public or certified accountant engaged in the
performance of an audit of the financial statements of that issuer
for the purpose of rendering such financial statements materially
misleading.
 
(b) ENFORCEMENT.—In any civil proceeding, the Commission
shall have exclusive authority to enforce this section and any rule
or regulation issued under this section.
 
(c) NO PREEMPTION OF OTHER LAW.—The provisions of subsection
(a) shall be in addition to, and shall not supersede or
preempt, any other provision of law or any rule or regulation
issued thereunder.
 
(d) DEADLINE FOR RULEMAKING.—The Commission shall—
 
(1) propose the rules or regulations required by this section,
not later than 90 days after the date of enactment of this
Act; and
 
(2) issue final rules or regulations required by this section,
not later than 270 days after that date of enactment.
 

 
   

 

 

Sarbanes Oxley Compliance Professionals Association (SOXCPA)

Certified Sarbanes-Oxley Expert (CSOE) - Distance learning and online certification program