Compliance strategies that work

摘要

Since U.S. corporate scandals resulted in the 2002 legislation known as the Sarbanes-Oxley Act (SOX), enterprises have been struggling to achieve compliance with this wide-ranging and often confusing set of regulations. "Two words-Sarbanes-Oxley-are stirring fear, uncertainty, and doubt in the minds of financial and IT professionals across the U.S. and beyond," declares John Hagerty, vice president of research for AMR Research Inc. Yet, as companies close their books on the first financial year affected by SOX, business leaders are beginning to understand the nuances of compliance-including which strategies work and which actions organizations should avoid at all costs. To share this knowledge among business decision makers, BusinessWeek Special Advertising Sections sponsored a virtual roundtable to explore the current thought about SOX compliance and enterprise risk management at large. With current research results from AMR Research as a framework, the roundtable brought together nine industry leaders with financial, legal, and technology expertise. This section represents a condensed version of a very lively discussion about SOX compliance strategies that work.