The Sarbanes-Oxley Act of 2002 has caused a lot of publicly listed companies to spend a lot of time and energy on documenting and testing controls. The recent publications of the PCAOB and SEC regarding Sarbanes-Oxley (SOX) have stressed the importance of a risk-based approach; studies on SOX show it is possible to reduce SOX compliance costs with 30 to 40% by taking this risk-based approach. BWise is serving hundreds of clients worldwide with their Sarbanes-Oxley compliance.
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