After the collapse of the American countries shook many large corporations such as Enron, WorldCom, Peregrine Systems, the United States enacted a law intended to prevent financial fraud and protect investors. Sarbanes-Oxley (also known as Sarbox, SOX) could be a useful reference for the administration of the securities market in Vietnam, especially in the current context when that happens the ongoing scandal. The U.S. Congress passed on 30/7/2002, sponsored by the Maryland State Senator raw, Paul Sarbanes and Michael Oxley, and Parliament is one of the basic laws of the accounting profession, auditing.
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