The Sarbanes-Oxley Act of 2002 mandates all public corporations conducting business in the U.S. to move to a higher standard of corporate governance. Beginning in November of 2004, companies must state publicly that they are in full compliance with specific financial and IT controls. There are no quick fixes. IT departments should first assess their existing internal process controls for financial applications against COBIT standards. Once the weak links are identified, they must be mitigated to meet SOX mandates. SoftLanding offers software solutions that automate on-going support for over 40% of the SOX-related COBIT objectives.
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