SarBox Lawsuit Could Rewrite IT Compliance Rules

December 1st, 2009


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dasButcher records which the Supreme Court will listen to arguments subsequent week brought by a Nevada accounting organisation which asserts the slip house for the Sarbanes-Oxley Act is unconstitutional. If the plaintiffs have been successful, it could force Congress to rewrite or desert the law used by most companies to countenance tech investments for confidence and compliance. “Many auditing firms have used [Sarbanes-Oxley Section] 404 as a push for commanding difficult confidence record mandate on publicly traded companies regulated by SOX and their commercial operation partners. SOX confidence correspondence has proven in effect for vendors and resolution providers, as it forces regulated enterprises to outlay billions of dollars on record that, most times, doesn’t forestall confidence incidents but does have them agreeable with the law.” Read some-more of this story at Slashdot.

The full story can be found on SlashDot

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