Another day another SOX training meeting…
I have had enough of SOX. This is the worst knee jerk reaction to a financial problem that has ever been politisized. The problem that I have with SOX is that if I do something wrong then in almost any case I really can still hide the problem. As an IT guy there is no prolem in changing times and dates. The idea of Cross refeerencing and checks and balances is a sham and will never work.
If you want to prosecute corporate criminals go ahead but there is no way to legislate best practices. People that premeditate to do bad is that people will always find the way around the problem.
But until investors realize the holes it will be too late and I will still have spent far too much time in these training sessions and companies around North America will have built up a new cororate governance department for lawyers and accountants to make more money with
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