Risk Assessment in Sarbanes Oxley  
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White Papers for Gramm Leach Bliley Act (GLBA)

Risk Assessment in Sarbanes Oxley

Bright Mind Solutions

Societal mandates for "sound management and honest financial reporting" resulted in governments imposing regulations forcing organizational leaders to make every effort to minimize reporting risks to their organizations. These regulations include the Basel II Accord, Sarbanes Oxley (SOX), HIPAA, and the Gramm-Leach-Bliley Act. The Sarbanes Oxley regulation is considered by many to be one of the primary drivers of the adoption of ERM by organizations. Enterprise Risk management (ERM) properly implemented enables organizational management to effectively deal with uncertainty and associated risk and make an organization more valuable by creating a single view of all risks, internal and external, and an executive-level management strategy to deal with those risks

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