Optimising financial processes

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Something to Consider: Sarbanes-Oxley; 15 Years of Successes and Challenges

Something to Consider December 2017 3

Happy Birthday Sarbanes-Oxley!

15 years on from its introduction, SOX is well into adolescence and has reshaped the governance landscape significantly. In companies that have used the regulation to their advantage, opinions have shifted – from being a cumbersome cost, to providing a streamlined focus for managing genuine risks, the Sarbanes-Oxley Act now feels like part of the furniture. Whilst its not always been plain sailing with implementation, its come a long way from its humble beginnings.

​This article talks specifically about the way in which SOX has influenced company culture and behaviours over the last 15 years. Give it a read here. Happy Birthday Sarbanes-Oxley!

Our ‘Something To Consider’ snippets are framed as small, digestible, ‘dashes of insight’ around the pillars of what we define as “World Class Finance” – Process Optimization, Financial Control and Compliance, and Risk Assurance, all underpinned by technology enablement and integration.