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SAR
The financial definition for SAR:
The ISO 4217 currency code for the Saudi Arabian Riyal.
Similar MatchesSalary Reduction Simplified Employee Pension Plan (SARSEP)Salary Reduction Simplified Employee Pension Plan (SARSEP) A low-cost, no-frills version of a 401(k) employee savings plan available
to companies with 25 or fewer employees. It allows employees to make pretax
contributions to their IRAs through salary reduction
each year. The Small Business Job Protection Act of 1996 ../../finance-glossary/d SARSEPs
with SIMPLE (Savings Incentive Match Plan for Employees) plans. Existing SARSEPs
were allowed to add new participants, but new plans could not be formed after
December 31, 1996.
Sarbanes Oxley Act of 2002Sarbanes Oxley Act of 2002 Legislation passed largely as a result of a number of accounting scandals. Among the many features is the creation of the Public Company Accounting Oversight Board. This board is charged to:
The Board shall:
1) register public accounting firms;
2) establish, or adopt, by rule, auditing, quality control, ethics, independence, and other
standards relating to the preparation of audit reports for issuers;
(3) conduct inspections of accounting firms;
(4) conduct investigations and disciplinary proceedings, and impose appropriate
sanctions;
(5) perform such other duties or functions as necessary or appropriate;
(6) enforce compliance with the Act, the rules of the Board, professional standards, and
the securities laws relating to the preparation and issuance of audit reports and the
obligations and liabilities of accountants with respect thereto;
(7) set the budget and manage the operations of the Board and the staff of the Board.
Stock Appreciation Right (SAR)Stock Appreciation Right (SAR) A contractual right, often granted in tandem with an option that allows an individual to receive cash or stock of a value equal to the appreciation of the stock from the grant date to the date the SAR is exercised.
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