U.S. accounting law promises IT impact

摘要

TORONTO ― Corporate compliance with the American Sar- banes-Oxley Act should also be an opportunity to improve inter-nal IT management, experts said in a recent briefing. Inspired by Enron and other recent accounting scandals, the 2002 act is designed to curb cor-porate reporting fraud in U.S. companies. Canadians also have to comply if their companies are listed on American stock exchanges or report to an American head office. "Through Sarbanes-Oxley, you have the opportunity to improve the underlying business processes, said BearingPoint manager Vic Gulewicz, based in Liberty Corner, N.J. "There's process, people and technology associated with that."