Section 404 of the Sarbanes-Oxley Act leaves much to be interpreted when it comes to financial controls, and even more to be interpreted around required IT controls. One IT manager told me he thought ...
Two decades after passage of the Sarbanes-Oxley Act, public companies are spending more time and money trying to comply with SOX requirements, despite the increasing use of technology to automate the ...
The Sarbanes-Oxley Act of 2002 (SOX) can be considered the most significant compliance standard of our time. Since the passing of the legislation 7 years ago, companies have had to rethink the way ...
In 2002, the passage of the Sarbanes-Oxley Act brought with it major changes in regulations pertaining to corporate governance and financial practices. Although whether SOX guidelines apply to ...
The purpose of the Sarbanes Oxley Act is to prevent fraudulent accounting practices in publicly held corporations. Congress passed SOX in 2002 after a series of accounting scandals duped stockholders ...
As much as accelerated filers griped about the burden of Sarbanes-Oxley compliance in the initial years, one part of a new study from business consulting and internal audit firm Protiviti revealed ...
In the early 2000s, a series of corporate accounting scandals rocked the financial markets—Enron, WorldCom, Tyco, Adelphia, ...
The COVID-19 pandemic has complicated life for Sarbanes-Oxley compliance teams, forcing accountants and auditors to work remotely, but most SOX compliance teams have managed to adjust to working ...
As pressure to comply with Sarbanes-Oxley regulations mounts, a new report by AberdeenGroup demonstrates that companies that involve much of the organization in their SOx review process are ...
MENLO PARK, Calif., June 9, 2022 /PRNewswire/ -- The thirteenth annual Sarbanes-Oxley (SOX) Compliance Survey, conducted by global consulting firm Protiviti, finds that hours devoted to SOX compliance ...