Sarbanes-Oxley is good?
If you caught the April issue of the Harvard Business Review you might have stumbled across an aticle titled, “The Unexpected Benefits of Sarbanes-Oxley.“ Turns out SOX is helping companies:
- strengthened control environment
- more reliable documentation
- better, less burdensome compliance with other statutory regimes
- more standardized processes for IT and other functions
- reduced complexity of organizational processes
- better internal controls within partner companies
- more effective use of both automated and manual controls
- increased audit committee involvement
Who knew; via John Walz at Sarbanes-Oxley Blog.
October 17th, 2006 at 9:18 pm
Dad - great blog! Keep up the great work.