Addressing the requirements of Sarbanes-Oxley


The Sarbanes-Oxley Act was passed in the US in the wake of the Enron debacle, establishing new standards for companies regarding accurate financial reporting. The latest version of the LODESTAR Customer Choice Suite (CCS) provides the critical computing controls that companies need to address certain requirements of the Act.

The new LODESTAR CCs version 4.0 allows clients to benefit from flexible and robust processing capabilities which provide the reporting and auditing functions required to support quarterly certification of financial statements, certification to the effectiveness of internal controls, annual affirmation of management’s responsibility for internal controls over financial reporting, and attestation as to the effectiveness of internal controls based on a third party evaluation.