More on the Sarbanes-Oxley Act

Read this article that explains the basic principles of the Sarbanes Oxley Act, which was passed in response to a series of large accounting scandals. This will help you understand some of the rules which govern public companies you may work for or invest in.

Sarbanes-Oxley reporting tools

Close scrutiny of corporate governance and greater responsibility placed on directors to vouch for the reports submitted to the SEC and other federal agencies, have resulted in the growth of software solutions aimed at reducing the complexity, time and expense involved in creating the reports. This trend accelerated in 2008 with the passage of the Dodd–Frank Wall Street Reform and Consumer Protection Act. Software as a service (SaaS) products allow corporate directors and internal auditors to assemble and analyze financial and other relevant data-including unstructured data-and create the needed reports quickly and without the need of an outside vendor.