X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Thomas Brandt Jr., CFO of Telecommunication Systems Inc., a $143 million producer of wireless software, keeps in his office a paper-based reminder of his first-year compliance under Section 404 of Sarbanes-Oxley, even though everything is also stored on computer systems. Despite the Annapolis, Md.-based company’s relatively small size, the 404-compliance project fills 18 ringed binders with all the process documentation, records of testing, interim testing and follow-up testing. “It was documented to an extreme, which is not to fault our auditing group that made the judgments,” says Brandt. “They had to cover their exposures and err on the safe side.”

Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.