Surfing the SOX Wave Thanks to CMMI
Cutter IT Journal first took a look at Sarbanes-Oxley (SOX) and similar governance mandates back in our September 2005 issue. Back then, we focused the debate on the potential value, costs, impacts, and implications of compliance with such laws and regulations. In this issue, we discover how SOX compliance initiatives are turning out in the real world. Is SOX the costcreating, value-destroying nightmare everyone feared? Or has it yielded what it promised — stronger internal controls, better documentation of financial and business processes, and more board involvement in corporate direction?