|
The Sarbanes-Oxley Act of 2002 (SOX)
requires that senior executives personally attest to the accuracy
of financial reports and mandates strict financial controls,
documentation and audits for publicly held companies. These
processes and controls must be verified through audit, and
the results of those audits must be reported in SEC filings
and other financial disclosures. Substantial civil and criminal
penalties are defined for chief executives of companies who
fail to comply with the requirements of SOX.
By requiring strict accountability
from CEOs and CFOs, SOX essentially forces organizations to
build an information services infrastructure that is consistent,
reliable and secure, and whose processes are well documented.
This infrastructure can then feed accurate information into
both financial disclosures and audits, and enable rapid implementation
of new or refined business processes.
So while SOX is oriented around
executive-level business processes and procedures, effective
IT infrastructure will be the key enabler for the establishment
of SOX processes and controls, and the key engine for demonstrating
compliance. For most companies, IT will build and maintain
that core information services infrastructure, as well as
automate data extraction and reporting in support of both
internal and external audits. Just as importantly, information
security and access control are needed to protect the quality
and integrity of financial data and process controls. NetworkD can help you are your team
evaluate solutions that enable IT administrators to quickly
implement and maintain both the hardware and software tools
needed to support SOX compliance-with minimal impact on current
systems and processes, and at a minimal cost.
Let us help you address these four areas of specific
concern for compliance with SOX:
-
Developing and maintaining a secure
foundation on which internal process controls and financial
data can be maintained. By taking active control of the
data infrastructure, IT can enable enterprise-wide processes,
and can help ensure the accuracy, availability and security
of both data and process controls.
-
Supporting enterprise-wide implementation
of high-level process task flows through a centrally located,
forms-based tracking tool.
-
Quickly defining standardized procedures,
logging and tracking tools in order to help ensure process
consistency throughout the organization.
-
Enabling accurate, real-time inventory
and reporting on computing hardware and software as part
of an overall asset reporting process. It has traditionally
been difficult to maintain accurate data on IT assets.
Strong computer discovery, inventory and license monitoring
tools combine with preferred state management and extended
asset tracking tools to enable IT to provide accurate,
validated information on IT assets to financial staff.
Flexible and adaptable infrastructure
management solutions from LANDesk® Software enable rapid response
to changing regulatory requirements, and give organizations
greater control over information services to create a secure,
reliable information infrastructure. This flexibility then
enables easy implementation of new policies and procedures
as recommended by auditing teams for overall regulatory compliance.
Click
here for a Quick Quote on NetworkD Services and Solutions
|
