Executives at Alvarez & Marsal Asia, a global firm specialising in turnaround management and restructuring, argue that companies are finding upsides in Sarbanes Oxley regulations.
Do just the words Sarbanes Oxley make you sigh and moan that these regulations are costly exercises in bureaucracy? Or could this US law be a useful tool for upper management trying to streamline operations?
Neill Poole, managing director and head of the dispute analysis and forensics' Asia practice at Alvarez & Marsal Asia, argues that the worries of corporate executives have been overplayed. Alvarez & Marsal is a global firm specialising in operational and financial turnaround management and restructuring.
He says that if 2004 was the year of compliance, 2005 and 2006 are the years when companies leverage their Sarbanes Oxley spend to achieve greater process effectiveness and efficiency. And this applies to more than just the US companies, which must comply.
See full Article.
Posts
