This paper examines key issues for CFOs and CEOs in managing ERP systems in the new world of SOX, IFRS, Basle II. While most IT management attention seems to be on document retention, reporting quality, and security, there are broader issues to be considered toward ensuring good governance and compliance with regulations such as Sarbanes-Oxley, IFRS and Basle II.
framework can also apply. Stefan Foster, managing director of NCC, said: This is an alarming figure, indicating significant lapses in compliance and poor adoption of best practice. In the meantime, what are the practical measures that can be taken, and how can these be achieved within the organisation? Actions for Management Accountants One of the most common reasons for these worrying results is the failure of organisations to conduct ongoing post-implementation reviews, to track realised benefits