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The Compliance Process

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Sarbanes-Oxley

Part of the book series: Finance and Capital Markets Series ((FCMS))

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Abstract

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.

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© 2007 Terence Sheppey and Ross McGill

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Sheppey, T., McGill, R. (2007). The Compliance Process. In: Sarbanes-Oxley. Finance and Capital Markets Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230598027_12

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