Beyond Traditional Methods: Alternative Solutions for SOX Compliance
Introduction The Sarbanes-Oxley Act (SOX) of 2002 was enacted to protect investors from corporate accounting errors and fraudulent practices. While SOX compliance is a crucial aspect of financial regulation, many organizations struggle to maintain compliance due to the complexity and cost of traditional methods. According to a survey by Protiviti, the average cost of SOX compliance for a publicly traded company is around $1.2 million annually. In this blog post, we will explore alternative solutions for SOX compliance that can help organizations reduce costs and improve efficiency. ...