System-ready for Sarbanes-Oxley


The new Sarbanes-Oxley Act sets stringent standards forcing software companiesto look at how their systems might aid client compliance. The Act, passed byCongress in 2002 in the wake of Enron’s demise and other corporate scandals,calls for a radical overhaul of how companies govern themselves, especially withregard to internal controls and financial reporting. As a result, energy software suppliers are reviewing their systems in light ofSarbanes-Oxley’s requirements. Dale St Denis, vice-pres