I was pleased to participate in a recent roundtable discussion at The Institute for Financial Excellence’s Sarbanes-Oxley conference in Baltimore, Maryland. It prompted a lively discussion, moderated by John Hagerty from AMR Research. My fellow panelists were Lee Dittmar, principal and leader from Deloitte Consulting, Michael Duffy, president and CEO of OpenPages, Charles Sansbury, CFO of Vignette, and Mike Malwitz, senior product manager from Hyperion.
As panelists, we represented different perspectives on the types of technology and services required to support Sarbanes-Oxley compliance. As you know, demonstrating SOX compliance has proven to be a time-consuming, labor-intensive process and it’s not one that’s going away. There’s virtually universal agreement that there is no “silver bullet” for achieving sustainable regulatory compliance. The conference panel discussion highlighted some of the technologies and approaches necessary to create an enterprise compliance framework that can enable companies to plan, implement, manage, and maintain ongoing testing and monitoring of the effectiveness of the internal controls related to financial reporting in support of SOX 404 compliance.
See full Article. Also see Press Release.
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