Annual Survey: Companies Spending More Time on SOX Compliance
Nearly three in four organizations are looking for ways to further enable automation of their SOX compliance processes, according to ...
What is SOX compliance? It refers to complying with all aspects of the the Sarbanes-Oxley Act, enacted in 2002 as a means to improve corporate disclosures and to protect shareholders and the public from accounting fraud or errors. The goal is better governance and accountability — but adhering to it is not without headaches for compliance officers and internal auditors.
All public companies now must comply with SOX, both on the financial side and on the IT side, since SOX now includes requirements regarding the storage of a company’s electronic records. Consequences for noncompliance include fines or imprisonment, or both.
One of the key provisions of SOX is SOX Section 404: Management Assessment of Internal Controls.
Nearly three in four organizations are looking for ways to further enable automation of their SOX compliance processes, according to ...
Nobody was canceled for anything they wrote for our pages in 2022 — at least that we know of. But ...
The more things change, the more they stay the same. This time last year, we summarized the top 10 ESG ...
Despite 20 years of SOX, many companies still fail to prioritize compliance programs until it’s too late. Maria D’Avanzo of ...
Though it was created as a counterbalance to a series of early-aughts corporate accounting scandals, many of today’s most important ...
Sarbanes-Oxley turns 20 years old this summer. Jack Kristan of auditing firm Plante Moran wonders why many companies still haven’t ...
Enron shares hit $90.75 on August 23, 2001. By December 2, they had corrected to $0.26 and the business had ...
Public companies based in the U.S. are choosing the less onerous (but riskier) of two possible methods for complying with ...
How Sexual Harassment is Changing American Compliance Corporate compliance has been around for decades – sexual harassment for much, much ...
VinciWorks’ Sandra Erez envisions corporate whistleblowing hotlines as an outgrowth of the infamous "red phone" from the era of the ...
Fast-growing companies should prepare now for what the government might throw at them in the future, writes veteran counselor with ...
Protiviti’s Shari Katz and Gina Chaoanw outline steps organizations can take in pursuit of annual SOX compliance and as they ...
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