Sarbanes-Oxley reporting compliance methodologies presented at Continuous Auditing Symposium.Leading-edge technologies and solutions were presented by a panel of academic experts and business leaders during the 7th Annual Continuous Auditing Symposium in Monaco Monaco (mŏn`əkō, mōnä`kō, Fr. mônäkō`), officially Principality of Monaco, independent principality (2005 est. pop. 32,400), c.370 acres (150 hectares), on the Mediterranean Sea, an enclave within Alpes-Maritimes dept., SE France, near the Italian border. to help public companies better meet the information needs of their stakeholders. During the symposium, concepts and working pilot programs in continuous auditing, monitoring and control platforms were presented as solutions for meeting reporting requirements, such as those of Sarbanes-Oxley in the U.S., as well as improving management's visibility of a business' complete operations. The concepts discussed included ways in which public companies could report information to internal management and external stakeholders, such as regulators and shareholders, in a more timely, transparent and reliable manner. Academic experts in accounting and auditing, as well as representatives from leading accounting and professional services firms, data aggregators and technology companies from Canada, France, Italy, Monaco, Norway, Turkey, Slovenia, Sweden, the United Kingdom and the United States attended the symposium this past spring. The symposium was hosted by the International University of Monaco in Monte Carlo, Monaco. For more information on continuous auditing, visit: raw.rutgers.edu/continuousaudit |
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