Sarbanes- Oxley Act spurring technology

To prove that it isn’t issuing paychecks to fictitious burger-flippers, McDonald’s Corp. has turned to specialized software.

Like most publicly traded U.S. companies, the fast-food giant has spent much of the past year documenting and testing its “internal controls,” or procedures designed to ensure the accuracy of its financial data. This massive effort was triggered by the Sarbanes-Oxley corporate-overhaul law of 2002, which among other things requires public companies to submit annual reports on their internal controls to the Securities and Exchange Commission, with the first such reports due this year for many companies. External auditors must review the reports.

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