
It began as a mandate, but smart companies have turned it to better advantage; SOX as part of a larger controls and risk management strategy vindicated
As the Sarbanes-Oxley Act (SOX) goes into its second year, the market is seeing evidence that what began as a mandate is providing a springboard for plenty of business value.
Process experts like IDS Scheer and others have emphasized the ability of SOX to be just one component of a larger risk management strategy, and, according to a forthcoming
CFO Research Services survey sponsored by PricewaterhouseCoopers (PwC) and Virsa Systems, executives are catching on.
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