The role of data integrity in Sarbanes-Oxley initiatives
Dating to the early days of computing, garbage-in, garbage out (GIGO) is a simple idea used to describe how computers when fed flawed or nonsensical data would dutifully perform their tasks and produce results that were equally flawed or nonsensical. Over the years as computers have become more sophisticated and intelligent, the focus on GIGO has waned.
Though the notion of GIGO may have been relegated to obscurity in recent years, it has a role to play in helping explain the damaging consequences that bad data can play in a company's efforts to comply with the Sarbanes-Oxley Act (SOX).
Data integrity is at the heart of Sarbanes-Oxley, the 2002 law that established new financial and accounting regulations for U.S. public companies. SOX requirements are first and foremost requirements to capture, manage, act on and report information.
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21 Feb, 06
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