The SOX IP Imperative: Value and Disclose IP Assets

IP Frontline Magazine

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PUBLISHED ON: June 10, 2011

As with all complex legislation, SOX’s full ramifications are still emerging nearly a decade later. Prominent among the areas in which compliance has lagged is intellectual property.The 2002 Sarbanes-Oxley Act (SOX) greatly increased the obligations of public companies to establish auditable business processes and strong internal controls for purposes of financial reporting. SOX places responsibility for those processes and controls squarely on the shoulders of senior management by requiring the CEO and CFO to certify the company’s annual and quarterly reports.Read the full article: The SOX IP Imperative: Value And Disclose IP Assets