March 30, 2006
US CEO's Upbeat on Economy and Benefits of SOX
What we have been seeing in our work, finally is getting reported. Second and third year SOX filers have seen improvements in their financial reporting and like the changes in internal controls. They would never have done it without the legislation, but now they are happy with the results.
You get out what you put in. Those companies who have really embraced this effort, have seen the benefits. Those who have just followed the letter of the law probably just spent money.
An excerpt on this topic ccording to a Reuters survey:
"But the survey showed that executives are beginning to see benefits from tougher compliance rules. Fifty-five percent of the executives polled believed the quality of financial reporting has improved since the Sarbanes-Oxley act was passed." For the complete article, click here.
If your company needs to cost effectively comply with Sarbanes-Oxley or Canadian Investor Confidence Regulations, see www.issuescentral.com or www.compliancepartner.ca to learn more about Compliance Playbook(tm) or Compliance Partner(tm).
You get out what you put in. Those companies who have really embraced this effort, have seen the benefits. Those who have just followed the letter of the law probably just spent money.
An excerpt on this topic ccording to a Reuters survey:
"But the survey showed that executives are beginning to see benefits from tougher compliance rules. Fifty-five percent of the executives polled believed the quality of financial reporting has improved since the Sarbanes-Oxley act was passed." For the complete article, click here.
If your company needs to cost effectively comply with Sarbanes-Oxley or Canadian Investor Confidence Regulations, see www.issuescentral.com or www.compliancepartner.ca to learn more about Compliance Playbook(tm) or Compliance Partner(tm).
