Friday, May 27, 2005

Leading Companies Reveal Sarbanes-Oxley Compliance Best Practices in New Report


How can Sarbanes-Oxley Section 404 compliance transition to a sustainable process for companies?

To find out, senior officers from twenty-seven Fortune 500 companies gathered under the auspices of Financial Executives International (FEI) to share their practices, pitfalls, and successes during year-one implementation of Section 404 and make practical Sarbanes-Oxley recommendations for sustainability.

The findings of their intensive one-day interaction are found in the
report "Sarbanes-Oxley Section 404 Implementation - Practices of Leading Companies," published by Financial Executives Research Foundation (FERF), the research arm of FEI. The report also outlines some of the unintended consequences of Section 404 compliance.

See full Article.