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Sarbanes-Oxley News
Article:
More refinements urged before Sarbanes-Oxley vote
In late spring, the SEC and the Public Company Accounting Oversight Board (PCAOB) approved recommendations that would make compliance with the Sarbanes-Oxley Act's (SOX) Section 404 easier for public companies. The SEC will vote again on a new auditing standard, AS5, for auditing internal controls under Sarbanes-Oxley. Many fear that even these changes will not lessen the expense and headache of SOX compliance, according to statements issued to the SEC. AS5 would let auditors identify large risks to companies, instead of testing an extensive catalog of internal controls to measure SOX compliance with Section 404.
The Sarbanes-Oxley News Article
About OpenPages
OpenPages is the leading provider of Governance, Compliance and Risk
Management solutions
for Sarbanes-Oxley Compliance, Financial Controls Management, General
Compliance Management, Operational
Risk Management and IT
Governance.
The company’s solutions provide the visibility, decision support and
control to improve accountability, better manage risk, achieve compliance
with numerous regulations, improve operational performance and align strategies
to ensure better results.
Market-leading corporations in financial services, manufacturing, telecommunications,
media/entertainment, retail/consumer, energy, high technology, health services
and life sciences rely on OpenPages to help them achieve sustainable governance,
risk and compliance management -- enabling them to become well-governed businesses.
Founded in 1996, the company is headquartered in Waltham, Massachusetts, with
regional offices throughout North America and international offices in London, Munich, Paris, Tokyo and Hong Kong.
For more information on OpenPages' suite of business governance software solutions
or to register for an online demonstration, please call 781-693-5999 or visit
www.openpages.com.
Reynolds American Selects OpenPages FCM for Sarbanes-Oxley Compliance.
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