While companies that haven’t yet had to comply with Section 404 of Sarbanes-Oxley await more guidance and expected tweaks to the standards in place for auditors, those that have already bitten the Section 404 bullet have turned their attention to the next phase in compliance, experts say.

With three years of 404 compliance under their belts, companies are focusing increasingly on automation, a panel of experts told journalists gathered at a roundtable event sponsored by automation-software provider Approva in New York recently.

“Companies aren’t happy with where they’re at now,” Ken Gabriel, a manager for business systems controls at KPMG told the ...