Resources for Sarbanes-Oxley (SOX)

Compliance: Gauging Success Through Hotlines

www.s-ox.com

Is Sarbanes-Oxley compliance worth the effort? Although SOX has its critics and the debate continues about its effectiveness, organizations are beginning to see, and in some ways to measure its positive effects. As organizations place greater emphasis on integrity and responsibility, essential financial controls are being streamlined and improved. An era of unprecedented accountability is giving way to a new business environment where compliance isn’t just an obligation – it’s a process that is yielding real benefits.
Despite this renewed commitment to governance, organizations still struggle to evaluate the success of their compliance programs. It’s one thing for a company to meet its compliance requirements on paper and quite another to determine, “Is our program really working?” or “Is our hotline generating the information we need?” Until recently, questions like these have far outnumbered tangible answers.

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