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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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The SOX (Sarbanes-Oxley Act) came into being in the year 2002 in the month of July and chief changes were introduced towards the regulation of financial practice and corporate governance. It received its name after Michael Oxley, Representative and Paul Sarbanes, the Senator. They happened to be their chief architects and several deadlines that were non-negotiable were set for compliance.