Abstract
Considered to be one of the most sweeping business reform legislation in the last few years, the Sarbanes-Oxley Act (SOX) promises to enforce accurate and timely financial disclosure from publicly-listed companies in the US and a greater level of accountability on part of company boards. A compliance solution to SOX requires a studied approach to the Act’s clauses, their implications and a planned approach to meeting directives with the involvement of the governing board. In a Telecom Service Provider (TSP) setup, a compliance-drive must involve a clear focus on business processes that contribute to the generation of financial figures and the way they are rolled up to the reporting statements. To TSPs SOX offers an opportunity to draw value and cost benefits through re-crafted strategies and improved processes.

This white paper discusses a top-down compliance framework that ensures an organizationwide SOX-compliance awareness. This framework leverages on the understanding of the core TSP business proposition to capitalize on this opportunity and describes how it leads to SOXcompliance and business benefits in the process.

Authors Nitin Bhandari Iyer Krishnamurthy V Prasenjit Saha Sushilkumar Nahar

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