Ajilon - Executive Toolkit - Is SOX Worth It?

With Sarbanes-Oxley (SOX) deadlines having passed – and more approaching – many companies struggling with compliance and maintenance issues are now asking themselves: is SOX worth it? While compliance with Section 404 of the law (requiring companies and auditors to attest to the quality of internal financial controls) took effect for fiscal years ending after November 15, 2004 for U.S. businesses, foreign companies (and small U.S. companies) have to comply for fiscal years ending after July 2005.

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