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Published in:
2007 | OriginalPaper | Chapter
The Compliance Process
Authors : Terence Sheppey, Ross McGill
Published in: Sarbanes-Oxley
Publisher: Palgrave Macmillan UK
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To become compliant, an organization must undergo a process. This process might be fairly simple and familiar, or represent a range of challenges based on a lack of familiarity. It will involve varying levels of cost and resources. However well prepared an organization is, it is more than likely to prove a challenge that involves time and resources and the uncovering of unforeseen weaknesses in the way the organization operates. Such a process can be viewed as a business overhead, an unnecessary endangerment of vital interests, or a beneficial opportunity to improve business activities.