In my experience, a few of the obstacles include:
- fear of doing things that might cost a person his job;
- uncertainty with focusing on debatable activities that drive shareholder value; and
- inexperience with practicing how to get out of one's comfort zone.
- Why can't the skills obtained through the course of preparing for SOX be used to drive sales?
- Where are the allowable "loopholes" in the regulations that allow for a company to implement internal controls over financial reporting in the most efficient way possible?
- How to motivate those charged with SOX to read the guidance as passionately as someone might read religious literature [or the last thing you read with intense interest]?
Please use your personal name or initials and not your business name and do not put your website in the comment text as both will come off like spam. Have fun and thanks for adding to the conversation!
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