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Gartner: Sarbanes Struggle Continues

Despite receiving a reprieve from the Securities and Exchange Commission (SEC), data center managers and their IT departments still face an uphill task to meet the requirements of the Sarbanes Oxley Act (SOA), says analyst firm Gartner Inc.

The SOA, passed in response to the scandals at Enron, WorldCom, et al, requires company managers to attest that they have established and maintain internal control over their companys financial reporting.

With so much of a company’s financial reporting tied to technology, the initial challenge for firms was getting specific information from a variety of sources within their IT infrastructures (see Gartner: Savor the Sarbanes Extension).

Although companies have now started to build the systems to access this data, they are coming up against other hurdles, according to Lane Lekela, research director at Gartner.

”We have clients that are getting exasperated because they have the controls in place, but they are not getting the level of understanding about the data they expect,” he says.

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