Monday, November 4, 2013

SOX Compliance News November 5, 2013

      Protiviti made another Sarbanes-Oxley compliance survey 2013. You can download complete report and the presentation. Key findings are:
  • SOX compliance costs are rising, as are external audit fees. However, for most organizations the cost of SOX compliance remains at a manageable level.
  • The automation of controls remains an enticing option and perhaps the “final frontier” for achieving significant improvements and efficiencies. 
  • More companies are shifting SOX compliance oversight responsibilities away from project management offices (PMOs) to internal audit functions.
    For Dummies updated Sarbanes-Oxley cheatsheet. There are to chapters. How to limit corporate liability after Sarbanes-Oxley and Sarbanes-Oxley practices for good corporate governance. As you can imagine you will need much more information to achieve SOX compliance. But you have to start somewhere right?

   Great job opening at NVIDIA SOX Analyst with complex minimum requirements and tough responsibilities. Ready to accept the challenge?

   ITBusinessEdge provided minimalistic slideshow in six benefits in Sarbanex-Oxley compliance (using Protiviti research). One more incentive to read mentioned Protiviti report.

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