With
all the buzz and confusion surrounding the Sarbanes Oxley Act of 2002, it is no
wonder that companies are scrambling to find resources that will insure their
compliance with SOX. At this stage of the game, SOX is a moving target. Interpretation
of the SOX Act and auditor directives continuously change. Further, as we are
now learning with the evolving requirements of Section 404, SOX implementation
is a much larger scope than any of us initially thought. The impact on business
processes and systems will continue to be dramatic.
YCA believes that the more unclear, complex, dynamic, and aggressive a project is, the more an organization needs a structured approach to planning and controlling the initiative. Sarbanes-Oxley compliance is very much this type of project. SOX is a challenging blend of process improvement, system enhancement, and culture change. Further, these projects require the engagement of outside expertise.
Because the project driver is regulatory, the benefits are vague. This increases the need to minimize cost and the distraction of vital resources, while achieving acceptable results, in a limited period of time.
YCA can assist your organization in quickly navigating
the SOX minefield and achieving efficiency in the application of premium internal
and external resources.
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