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How does Sarbanes‐Oxley affect outsourcing?
Author(s) -
Can David M.,
Growe Glenn A.
Publication year - 2005
Publication title -
journal of corporate accounting and finance
Language(s) - English
Resource type - Journals
eISSN - 1097-0053
pISSN - 1044-8136
DOI - 10.1002/jcaf.20098
Subject(s) - outsourcing , business , accounting , affect (linguistics) , control (management) , internal control , sarbanes–oxley act , marketing , management , economics , audit , linguistics , philosophy
Outsourcing has been a favorite way for many companies to cut costs. But the recently passed Sarbanes‐Oxley Act may mean problems. Management must maintain an effective system of internal control over financial reporting. And this responsibility cannot be transferred to external entities. © 2005 Wiley Periodicals, Inc.