Sox - relavance to indian companies

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I ve learnt about SOX in CA FInal AUdit . I ve learnt about all the Major Provisions and Sox 404 and Information Technology related controls and about PCAOB rules and its requirements from Auditors . But the confusion is all those are only US Companies as Sarbanes Oxley s Act is a act applicable and in U.S. and so the companies in U.S. are covered under this Act .

In what all manners will all such provisions of SOX be applicable to Indian Companies ?

Replies (2)

Sox is not applicable for Indian companies but now some parts of requirements of sox has been incorporated elsewhere as best practices. You can send me a mail at careercounseling @ empowertheloser.com for further discussion in the matter, or most at my blog at empowertheloser.com

If there is any material on SOX, Kindly send me at sanket.ca.shah @ gmail.com

Thankx.

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