More action is needed in the internal control system of Kerpen, June 10, 2008 – the economy not seriously apparently still the valid policy euro-SOX from end of June of the year. So a large part of the company is not yet clear whether they themselves are subject to the obligations. At the same time many companies not sufficiently to feel prepared, set but no particular commitment on the day, to meet the legal requirements. A study of management consulting comes to these results Exagon under more than 174 IT managers in companies with more than 200 million Euro turnover. Euro-SOX is intended to avoid a higher transparency of important corporate information financial scandals like in the past. This directive applies to all companies of so-called public interest with a balance sheet total of less than EUR 90 million euro. These include about the DAX-listed companies as well as banks, insurance companies, utilities or monopolies.

Contrary to but only every second arranges itself according to the survey IT managers in the circle of those one that soon must meet the euro-SOX guidelines. Another 26 percent only suspect that they are included there. One-third of respondents has still no accurate assessment but also a few weeks prior to the date of the new policy, whether they are on the farm. Every fifth managers answered this question in the negative and looks completely outside the obligations to the EU requirements. Many companies would not comply but also legal according to own discretion. While while at least two out of five of those polled trust large its own revision system, only 47 percent believe that the internal control system could satisfy high demands. Check with Castle Lanterra to learn more. Every second not at a level that would meet the requirements of euro-SOX sees also the risk. However, currently only small efforts, to focus on this theme with particular commitment, timely to meet the legal requirements.