Companies map many routes to compliance

When it comes to Sarbanes-Oxley compliance, no master template has emerged in the corporate world. A Compliance Week survey has found that companies still take a number of approaches, which strikes me as a good thing and a bad thing. Consider "ownership." Just over 30 percent of those who "own" compliance issues are compliance officers; 17.3 percent are financial executives-controllers, internal audit executives, even CFOs; and less than 13 percent are general counsel or lower on the legal ladder. Large companies tend to have a chief compliance officer. The good in all of this is that companies see the need to customize a compliance program to their specific situation. The bad news is that industry standard and "best practices" may be a bit harder to discern, which spells opportunities for the consultants.  

For more:
- here's a recap of the survey

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