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While many businesses have successfully completed a Sarbanes-Oxley audit, the challenge is in maintaining compliance while keeping associated costs under control. The Securities and Exchange Commission (SEC) now recommends automating the Internal Controls for Financial Reporting (ICFR), the IT general controls required by SOX. And why not? Automated IT controls not only simplify evaluation and reporting, they also enable organizations to avoid human error associated with manual controls and reporting. And for smaller publicly held companies, whose costs for complying with Section 404 of SOX are disproportionately high in comparison to larger publicly held companies, automated IT controls offer more efficient and affordable SOX Compliance. The attendee of this webcast will learn current trends in SOX audits of IT controls and the implications for publicly held companies.
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