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CHAPTER
9
A Governance Management Toolbox
After the corporate scandals and market collapses of the last decade, the need for corporations and other organizations to implement strong governance and compliance processes has become essential. For many industry sectors, adherence to regulatory standards is commonplace (such as Generally Accepted Accounting Principles - GAAP), and are increasingly part of legislative requirements, such as Sarbanes-Oxley (SOX), Payment Card Industry (PCI), Health Insurance Portability and Accountability Act (HIPPA), Statement on Auditing Standards (SAS) 70, and the various elements of the International Organization ...

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