September 30, 2004
It is Hard to Believe....
Amazingly with all the reporting about Sarbanes-Oxley, there are many executives who do not seem to understand their roles and what needs to be done to comply. It would seem that you would have to have been hidden away on a desert island not to have understood the implications and requirements of Section 404/Internal Control Assertions. But here you see in this excerpt, exactly that:
"BURLINGTON, Mass. --(Business Wire)-- Sept. 30, 2004 -- Findings Suggest a Significant Percentage of Companies Likely to Fail 2004 Audit Because of Lack of Awareness A recent survey by Obian, Inc. found that an astounding 93% of chief information officers and other senior IT executives were unaware of their information technology control assessment responsibilities as mandated under Section 404 of the Sarbanes-Oxley Act - a finding that suggests a significant percentage of companies will fail their 2004 corporate governance audit." See the complete article at: http://www.tmcnet.com/usubmit/2004/Sep/1078537.htm
If your company needs help effectively, rapidly and affordably complying with Sarbanes-Oxley Section 404 and the rest of the Act, see www.issuescentral.com or call (416) 977-1496 for more information
"BURLINGTON, Mass. --(Business Wire)-- Sept. 30, 2004 -- Findings Suggest a Significant Percentage of Companies Likely to Fail 2004 Audit Because of Lack of Awareness A recent survey by Obian, Inc. found that an astounding 93% of chief information officers and other senior IT executives were unaware of their information technology control assessment responsibilities as mandated under Section 404 of the Sarbanes-Oxley Act - a finding that suggests a significant percentage of companies will fail their 2004 corporate governance audit." See the complete article at: http://www.tmcnet.com/usubmit/2004/Sep/1078537.htm
If your company needs help effectively, rapidly and affordably complying with Sarbanes-Oxley Section 404 and the rest of the Act, see www.issuescentral.com or call (416) 977-1496 for more information
