For Business Process Professionals

Primary Analyst Photo	Document Information	Rate this Document
	March 9, 2006 Sarbanes-Oxley Compliance 2006: Taking Internal Controls To The Next Level by Paul D. Hamerman with John Ragsdale, Michael Rasmussen, Ian Schuler, Elisse Gaynor

This is an excerpt

Executive Summary

The initial Sarbanes-Oxley (SOX) compliance cycle was a fire drill that exposed many opportunities for improvement. In 2006, companies are putting the many lessons learned into practice by adopting a more refined approach to SOX compliance. To take controls compliance to the next level, a controls maturity model is useful. At higher levels of maturity, companies are able to monitor internal controls on an ongoing basis, rather than a periodic basis. An optimized controls environment is the highest level of maturity, where controls effectiveness is measured frequently and controls are continuously improved. To achieve the more advanced stages of controls maturity, a variety of automated tools are needed to supplement the capabilities of transactional systems.

TABLE OF CONTENTS

• Companies And Auditors Struggle Through The Initial SOX Cycle
• SOX Compliance Evolves In Sophistication And Efficiency
• Internal Controls Must Move Up The Maturity Curve
• Technology Is Essential For Moving Up The Curve

RECOMMENDATIONS

• Focus Beyond Compliance To Find ROI

WHAT IT MEANS

• Compliance And Governance Are Separate But Related Themes
• Related Research Documents

This is an excerpt

Buy Risk-Free

Price: US $499

Our Service Guarantee: If you are not completely satisfied with this document, notify Forrester within 24 hours of purchase for a full refund.

Already a Forrester Client?
Log in to read this document.