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Sarbanes-Oxley News & Developments
Sarbox: Year 2The second time around promises more headaches, but some best practices are emerging.
> > Most companies have endured and survived their initial foray into Sarbanes-Oxley. And while it often proved a costly and occasionally frenzied experience, it has, many companies say, improved the controls that govern corporate operations. On the other side of the ledger, unfortunately, it appears that year two will not be the autopilot repeat that companies had hoped for. The first year taught many lessons that have yet to be embedded in most compliance programs, making the second year potentially more labor-intensive than the first.
Source: CFO
Published:2005-10-12
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