Administered by the Securities and Exchange Commission
(SEC) on the heels of the Enron and WorldCom scandals,
and signed into law on 7/30/02, the Sarbanes-Oxley (SOX)
Act mandates significant changes to financial practices
and corporate governance regulation.
established new levels of accountability for corporate
officers and directors and tighter internal control of
financial reporting...and meeting these stringent
demands for regulatory compliance and auditing can
become a huge challenge for any business.
Associates was instrumental in the development of our
SOX compliance plan. I was recently told by our audit
manager that our documentation was the best he has seen,
was incredibly thorough and showed that we have an
excellent understanding of the requirements.
Taylor, VP Finance & Controller