The impact of the Sarbanes-Oxley Act (SOX) on limiting creative accounting practices

Abstract

This study aims to clarify the impact of the Sarbanes-Oxley Act (SOX) on reducing creative accounting practices. This study aims to understand the concept of creative accounting، its motivations، and methods، as well as to clarify the SOX Act in terms of its concept and importance، and to clarify its objectives and components. To achieve the study's objectives، the descriptive analytical approach was adopted. A questionnaire was distributed as a data collection tool to the study sample، which consisted of accountants in accounting and auditing offices، in addition to academic accountants at the University of Sabha. A random sample of (60) items was distributed، and (43) items were recovered for analysis. The statistical analysis program (SPSS) was used to analyze the data and test the hypothesis. The study concluded that the SOX Act is important in reducing creative accounting and fraud، as well as its importance in activating the internal control system. The study also recommended the necessity of implementing the Sarbanes-Oxley

Act in companies and complying withits objectives and component Creative Accounting