The Sarbanes-Oxley Act is considered by many to be the road to redemption for the past sins of Enron, WorldCom, and other corporate players who subverted the rules of business by using financial engineering to inflate the performance of their businesses. Advocates for SOX consider this legislation an approach to ensure corporate responsibility for financial reports. Others call it over-regulation at its best.
Regardless of which camp you are in, everyone is looking for a cost-effective method of achieving SOX compliance and ensuring sound internal controls over financial reporting.
