Obian Mitiware for Sarbanes-Oxley Section 404 Compliance
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SOX Section 404 IT Controls Compliance is a much bigger issue than many CIOs realize.
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"The nature and characteristics of a company's use of information technology in its information system affect the company's internal control over financial reporting."
    - Public Company Accounting Oversight Board (PCAOB ) Auditing Standard No. 2


The biggest problem CIOs face today is assessing and documenting the effectiveness of their corporation's IT internal control systems as mandated by Section 404 of the Sarbanes-Oxley Act (SOX). SOX requires that this assessment of IT internal controls be reviewed and approved by the CEOs, CFOs, BOD Audit Committees, and External Auditors of public US companies.

Obian Mitiware is specifically designed to assist CIOs in meeting the directives for Section 404 IT assessment compliance in conformance with the recommendations contained in the IT Control Objectives for Sarbanes-Oxley report. Unlike any other risk mitigation solutions, Obian Mitiware uniquely allows CIOs to manage processes and people while concurrently documenting their Section 404 IT internal control assessment efforts.

Obian Mitiware will immediately provide CIOs with a framework, enterprise initiative management, and document management system that conforms to the requirements of the report while allowing the implementation flexibility to meet any corporation's unique requirements. It will help mitigate the risks they face with their government-mandated responsibility of assessing the effectiveness of their corporation's internal controls.

Section 404 IT compliance requires much more effort than many CIOs realize. Obian's industry white paper, "The CIO Sucker Punch in SOX" details why this is the case.

Read our Product White Paper on using Obian Mitiware to ensure success in Sarbanes-Oxley Section 404 IT Assessment Compliance.

"SOX Section 404 is written in very general terms", says Obian President John R. Logan. "As a result, the IT Governance Institute, the Big Four Accounting firms, and others have developed assessment compliance guidelines for CIOs. Obian has designed Obian Mitiware based squarely on these guidelines."
(These guidelines are described in IT Control Objectives for Sarbanes-Oxley, May 12, 2004.)