ISO 9001 and SOX commonalities help enhance internal controls
MANAGEMENT NEED and my personal curiosity recently led me to take a closer look at the Sarbanes-Oxley Act (SOX). My work pointed out similarities and differences between SOX and ISO 9001 and provided a list of ISO 9001 clauses that, if implemented, directly support SOX compliance.
The purpose of this exercise was to understand whether and how an organization's ISO 9001 based quality management system (QMS) could be leveraged for SOX compliance, making SOX compliance more efficient. By finding synergies between SOX and ISO 9001 and eliminating duplication of implementation efforts, I found organizations can reduce the cost and ...