Tuesday, December 16, 2003

A new small survey by Hackett Group finds that some companies are not including IT management on their Sarbanes Oxley Compliance Teams. This is amazing, given that Sarbanes - the US legislation designed to clean up corporate governance after Enron - requires companies to annually evaluate their reporting control procedures. Section 409 of that legislation also requires companies to disclose certain events on a "rapid" basis (being referred to as "rapid reporting") which is a natural for an IT constructed system to deliver reports directly to the Web.Some IT execs are excluded from Sarbanes-Oxley planning - Computerworld

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