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Use Sarbanes-Oxley compliance as a catalyst to drive ROI

Use Sarbanes-Oxley compliance as a catalyst to drive ROI

by Rick Turoczy on October 31, 2006

Sarbanes-Oxley (SOX) section 404 compliance requires companies to implement extensive internal controls and documentation. Many companies did not have sufficient control in place to comply when SOX was passed, so investments have been made in systems, personnel and auditing to assure compliance.

In order to achieve a positive ROI, the SOX compliance must have net benefits that exceed the investment to achieve compliance. These benefits cannot be the compliance itself — ie. Avoiding fines and litigation, but they must be the rewards of compliance itself.

While implementing SOX some companies seek not merely to comply, but use the regulations as a catalyst to overhaul their controls programs.

Use Sarbanes-Oxley compliance as a catalyst to drive ROI

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