Opinion: Capitalising on compliance
Wendy Cohen of Handysoft argues that forward-looking companies can benefit from more rigorous post-Enron finanical reporting requirements.
The suggestion from European competition commissioner Frits Bolkestein's that the EU should adopt corporate governance regulations equivalent to the US Sarbanes-Oxley Act 2002 has been greeted with hostility by certain members of the business community.
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SOX compliance really is worthwhile
We know of various companies who have benefited from the controls they have put in place. A company using our asset audit services and Asset Intelligence software for instance, would benefit from better real-time management reporting, useful information for strategy analysis, accurate department/cost centre performance analysis, and cost streamlining, not to mention time savings in maintaining the asset regsiter.