But while the bill may add to the headaches across boardrooms and for staff who are all 'complianced out' from Sarbanes-Oxley and Basel II, one analyst house is predicting the move is good news for UK companies and may also be good news for those...
Basically you can put all the internal disciplines you like into that framework and then demonstrate to an independent auditor that you are complying with it," he points out. If you are engaged by a US subsidiary in the UK, that company will be...
Predictably, the issues most frequently touched on were related to the glut of accounting scandals unearthed at companies such as Enron over the past several years, and the daunting task of meeting the guidelines set forth in the Sarbanes-Oxley...
Dan DiFilippo, US leader for governance, risk and compliance at PricewaterhouseCoopers, said: "If I were a security vendor, I would be playing a role in the first two areas, even though Sarbanes-Oxley doesn't specifically say security [technology...
International security association the Information Security Forum (ISF) calculates that many of its members expect to spend more than $10m on information security controls for Sarbanes-Oxley. It is important that Sarbanes-Oxley does not push...
According to Metzger, SAP is now undergoing half-year SOX 404 audits by its external auditor KPMG, and expects to obtain the first certification of compliance early next year. Metzger said: "SAP grew the SOX 404 risk evaluation process over...