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Friday, September 24, 2004 That all changed with the financial irregularities that besieged some major companies and led to their eventual downfall. What were once monolithic corporations that would never face bankruptcy did. One of the issues that the scandals helped to spotlight was the need to have stricter controls on how corporations engage in business with other firms and within themselves. The ability to trace and audit these activities was addressed at the highest levels, particularly with the advent of the Sarbanes-Oxley (SOX) Bill of 2002. As of June 15th, 2004, most public companies must meet the requirements of SOX and smaller companies along with foreign companies within the U.S. must have them met by July 15th, 2005. Cybermation: Socking it to SOX and ISO 17799 Previous articles Follett Corporation Selects OpenPages SOX Express ...
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