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Answer Posted / raghavendra
In terms of Finance/Accounting terminal of real working
life, SOX is a quarterly report (prepared every 03 months).
The importance of this report reflects the closing of that
particular period/quarter we worked for. This report
consists of the quarterly Valuations (which we receive
through the Private equity firms). Basically, we prepare
this report to figure out whether is there any variance
between the values which we enter in our accounting software
(the valuations received from Private equity firms) which we
compare this report through the holdings report provided by
the SSB / SSC (State street bank / Corp.
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