07 Sep 2004
The US watchdog, the Securities and Exchange Commission, last month said it would delay plans to speed up filing times from 75 days, as is currently required, to 60 days.
But analyst company Gartner has warned companies affected by the new US laws not to ease up on IT projects necessary to implement the filing changes as companies will have to show an audit trail of reforms made to IT systems.
French Caldwell, vice president and director at the compliance service of Gartner, said: 'For the 2005 budgets IT people should consider the technology necessary to comply with Sarbanes Oxley.'
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
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