SOX 404
The Sarbanes-Oxley Act of 2002 represents a huge change to federal securities law. It was created as a result of the corporate financial scandals involving Enron, WorldCom and Global Crossing. Effective in 2006, all publicly-traded companies are required to implement and report internal accounting controls to the SEC for compliance. CISAs offer advisory and internal audit services to finance and IT teams to ensure they have and maintain IT General Controls required to address SOX.