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JOBS Act and SOX Compliance

Posted on June 6, 2012 in Articles | by

In early April, President Barack Obama signed the Jumpstart Our Business Startups (JOBS) Act, a bipartisan bill meant to create jobs and stimulate U.S. economic activity. The main vehicle the act uses to achieve these broad objectives is easing the burden that the Sarbanes-Oxley Act (SOX) places on new public companies. The intent is for this eased regulatory burden to encourage more companies to go public, stimulating economic growth and creating jobs.

What does this act mean to IT compliance professionals? With the arrival of the JOBS Act, Sarbanes-Oxley compliance requirements are bound to change, or are they? As with many compliance questions, the answer is, “It depends.”  In this tip, we’ll first take a look at the general provisions of SOX as they apply to IT controls, and then, in that context, discuss the impact of the JOBS Act.

Read the full tip: JOBS Act and SOX Compliance

Originally published on SearchSecurity.com, June 2012

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