-
Going Public? A SOX Compliance Overview for Executives
Few regulatory requirements demand more advanced preparation for private companies planning their IPO than Sarbanes-Oxley Act (SOX) compliance. Enacted in 2002 after high-profile accounting scandals at companies like Enron and WorldCom, SOX sought to protect investors by mandating enhanced accuracy and transparency in corporate financial reporting. It established rigorous financial control policies and procedures for…
-
Comptroller vs. Controller: Clarifying Roles & Responsibilities
Even among experienced organizational leaders, there’s a common misperception that the roles of comptroller and controller are interchangeable. But understanding the unique contributions of a comptroller vs. controller isn’t just an exercise in semantics: it’s a strategic imperative for hiring the right background and expertise to meet your organization’s goals and manage its regulatory risks. …
