Finance and accounting teams have had to adapt quickly to transition to executing their day-to-day processes in a dispersed fashion.
The pandemic is introducing changes — potentially significant ones — to the SOX compliance process.
SOX professionals are thinking about how to revise their risk management playbook for the year in response to the pandemic.
The Securities and Exchange Commission recently voted to exempt many smaller public companies from the Sarbanes-Oxley requirement for auditor attestations of their internal controls over financial reporting, but many companies have been able to bypass those audits anyway.