The Sarbanes-Oxley Act: Overview and Implementation Procedures Manual


SECTION 1. SHORT TITLE; TABLE OF CONTENTS
SHORT TITLE This Act may be cited as the "Sarbanes-Oxley Act of 2002"
TABLE OF CONTENTS The table of contents for this Act is as follows:
| Sec. 1 | Short title; table of contents |
| Sec. 2 | Definitions |
| Sec. 3 | Commission rules and enforcement |
TITLE I PUBLIC COMPANY ACCOUNTING OVERSIGHT BOARD
| Sec. 101 | Establishment; administrative provisions |
| Sec. 102 | Registration with the Board |
| Sec. 103 | Auditing, quality control, and independence standards and rules |
| Sec. 104 | Inspections of registered public accounting firms |
| Sec. 105 | Investigations and disciplinary proceedings |
| Sec. 106 | Foreign public accounting firms |
| Sec. 107 | Commission oversight of the Board |
| Sec. 108 | Accounting standards |
| Sec. 109 | Funding |
TITLE II AUDITOR INDEPENDENCE
| Sec. 201 | Services outside the scope of practice of auditors |
| Sec. 202 | Pre-approval requirements |
| Sec. 203 | Audit partner rotation |
| Sec. 204 | Auditor reports to audit committees |
| Sec. 205 | Conforming amendments |
| Sec. 206 | Conflicts of interest |
| Sec. 207 | Study of mandatory rotation of registered public accounting firms |
| Sec. 208 | Commission authority |
| Sec. 209 | Considerations by appropriate State regulatory authorities |
TITLE III CORPORATE RESPONSIBILITY
| Sec. 301 | Public company audit committees |
| Sec. 302 | Corporate responsibility for financial reports |
| Sec. 303 | Improper influence on conduct of audits |
| Sec. 304 | Forfeiture of certain bonuses and profits |
| Sec. 305 | Officer and director bars and penalties |
| Sec. 306 | Insider trades during pension fund blackout periods |
| Sec. 307 | Rules of professional responsibility for attorneys |
| Sec. 308 | Fair funds for investors |
TITLE IV ENHANCED FINANCIAL DISCLOSURES
| Sec. 401 | Disclosures in periodic reports |
| Sec. 402 | Enhanced conflict of interest provisions |