Automating F&A Functions Can Trigger SOX 404 Reporting Requirements

As if automating finance and accounting functions doesn’t already pose enough challenges, it may surprise controllers to learn that automation initiatives can trigger Section 404 Sarbanes-Oxley Act (SOX) reporting requirements. How’s that, you say? SOX Section 404 requires quarterly reporting (and auditor attestation) of any change that has materially affected—or is likely to—a company’s internal...