SOX function transformation
Significant opportunity exists to transform your SOX function
"Strategic evaluation of SOX execution can differentiate a company and enhance its competitive advantage." Robert Cullen, Partner, Ernst & Young LLP
Many organizations still treat the SOX function as a difficult compliance exercise.
What if you could:
- Reduce your SOX operating costs by improving your testing procedures?
- Be capable of quicker, more on-point decision-making across your entire enterprise?
- Free up existing resources for strategic initiatives?
By changing how you think about and execute your SOX function, you can.
In April 2011, EY surveyed 225 global executives and found organizations were still treating SOX as they did in 2002: as a compliance exercise.
Our series, 5: insights for executives, indicates that a strategic transformation of the SOX function is an overlooked path to competitive advantage.
In this report, we explore the questions:
Answers to your questions, at a glance