Use Best Practices for Keeping Your SOX in Compliance
To date, most organizations have chosen a manual method of keeping in compliance with SOX, which made sense as the nascent standard has been a moving target. But as the Act is now two years old and stabilizing, the time is right for organizations to consider technology solutions for keeping in compliance. But first you need to know what to track and why.
by Niel Robertson
November 21, 2005
ometimes bad things happen to good people.
For many developers, that is the perfect summation of how the Sarbanes-Oxley (SOX) Act has affected their daily lives. At first blush, the SOX Act looks like yet another set of checks and balances to ensure accurate financial reporting at public companies. As anyone who has worked in the financial department of a public company can attest, the SEC and FASB (Financial Accounting Standards Board) have been writing and rewriting the rules of the game for years. In this context, SOX is nothing new.
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