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As an external auditor of public companies, I am often asked questions about independence and the importance of strong ethics in financial reporting. The Sarbanes-Oxley Act of 2002, known as Sox, made significant improvements by requiring audit committees to be independent and ensure a strong ethical tone at the top of the company. As CFO, I oversee the company's financial reporting process, including preparing reports for investors and the SEC. Audit committees play a crucial role in overseeing financial controls to prevent fraud and ensure compliance with regulations.