June 15, 2005
Derive Benefits from your IT Controls Review
IT controls review and proper management has been a great result from well implememented Section 404 projects. The benefits of this legislation outweigh the total cost to US markets.
An excerpt on an article:
"The SOX mantra is simple, Wright notes: Monitor, Manage, Maintain. Identifying key internal controls and keeping a watchful eye on their activities will greatly reduce the opportunity for fraud. Automating the monitoring process eliminates the incidence for human error. No one can abolish risk entirely, but with the correct controls in place, any threat to the integrity of system data, or breach of SOX protocol will be immediately identified and recorded for full audit compliance. " For the complete article, click here.
To learn more about how you can manage and test your IT and financial controls, see www.issuescentral.com and find out how to get a free 30 day evaluation of the Sarbanes-Oxley Compliance Playbook(tm)
An excerpt on an article:
"The SOX mantra is simple, Wright notes: Monitor, Manage, Maintain. Identifying key internal controls and keeping a watchful eye on their activities will greatly reduce the opportunity for fraud. Automating the monitoring process eliminates the incidence for human error. No one can abolish risk entirely, but with the correct controls in place, any threat to the integrity of system data, or breach of SOX protocol will be immediately identified and recorded for full audit compliance. " For the complete article, click here.
To learn more about how you can manage and test your IT and financial controls, see www.issuescentral.com and find out how to get a free 30 day evaluation of the Sarbanes-Oxley Compliance Playbook(tm)
