COSO and COBIT: The value of compliance frameworks for SOX
Mike Rothman
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In the event that you've been doing that Rip van Winkle thing and haven't been paying attention to anything in the world of business or finance for the past few years, there is a regulation called the Sarbanes-Oxley Act. It seeks to eliminate financial fraud (think WorldCom and Enron) by enforcing more regimented financial controls and adding significant accountability for CEOs and CFOs of publicly traded companies. The regulation is in full effect now, and even though there's still discussion about how strictly it will be enforced, it certainly cannot be ignored. In this tip, we'll discuss how compliance frameworks -- COSO and COBIT, and ISO 27001 to a lesser extent -- can be applied to SOX compliance efforts.
COSO & SOX: Start at the highest level
Now, to be clear, SOX is actually mean...
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