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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DOI: https://doi.org/10.1057/9780230598027_12
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-28256-2
Online ISBN: 978-0-230-59802-7
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)