Thursday, September 23, 2004 The dreaded Section 404 of Sarbanes-Oxley takes effect in December, requiring companies to document in detail how they do business—and then disclose those details. Are you ready?Most companies aren't, according to an Institute for Internal Auditors (IIA) survey of its members. The survey showed that as of Feb. 8, an astonishingly low 1.9% were fully compliant with Sarbanes-Oxley rules, and another 14.6% had only begun their assessment. Even if the bulk of those companies finish on time, lots of enterprises will be left with their assets hanging in the breeze. How ready are you for compliance? Download the PDF and take our self-assessment quiz. From 'Can't' to Compliant Previous articles Privacy Is Overrated - Executives at publicly held...
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