Editing Sarbanes–Oxley Act (section)

==== Corporate Implementation of Sarbanes Oxley (SOX) Compliance ====
The Committee of Sponsoring Organizations (COSO) Report, as the framework became known, was the first-ever attempt in corporate America to establish a universal definition of Internal Controls, along with proposed guidelines for governance, independence and quality assurance. The initial implementation of a SOX compliance project is complex and burdensome on public companies planning to list or maintaining its listing. Full compliance requires an integrated enterprise-wide initiative. The success of the compliance project requires a triangulation of the resources of three executives, the CEO, CFO, and CIO and is usually facilitated by the project management office (PMO). The success of the compliance project depends on the proper  “mapping” of information systems controls CoBIT (Control Objectives of Information and Its related Technology) to existing and new financial and operational controls as defined by the COSO Report. <ref>{{cite web|url=https://www.iim-edu.org/executive-journal/corporate-governance-sarbanes-oxley-best-practices.htm|title=Corporate Governance: The CEO, CFO and CIO Guide to Sarbanes Oxley (SOX) Act Compliance Project Management Best Practices| publisher=The Executive Journal -International Institute of Management}}</ref>