At the time of its passage in 2002, Sarbanes-Oxley (SOX), the sweeping piece of legislation meant to make publicly traded companies more accountable, rolled through Congress. The reaction to the WorldCom and Enron accounting scandals became law so quickly, in fact, that it took time for both the companies impacted and the technology industry to start to piece together their responses. Nearly three years later, with deadlines for compliance kicking in, Sarbanes-Oxley is on the minds of many corporations.
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Technology To Aid SOX Compliance Headaches Abounds
Posted by: Keith Regan June 8, 2005 03:00 AMAt the time of its passage in 2002, Sarbanes-Oxley (SOX), the sweeping piece of legislation meant to make publicly traded companies more accountable, rolled through Congress. The reaction to the WorldCom and Enron accounting scandals became law so quickly, in fact, that it took time for both the companies impacted and the technology industry to start to piece together their responses. Nearly three years later, with deadlines for compliance kicking in, Sarbanes-Oxley is on the minds of many corporations.