Sarbanes-Oxley compliance, internal control, and ERP systems: the case of mySAP ERP

Edited book (chapter)

Rikhardsson, Pall, Best, Peter and Juhl-Christensen, Claus. 2008. "Sarbanes-Oxley compliance, internal control, and ERP systems: the case of mySAP ERP." Ferran, Carlos and Salim Kuossa, Ricardo (ed.) Enterprise resource planning for global economies: managerial issues and challenges. Hershey PA, USA. IGI Global.
Chapter Title

Sarbanes-Oxley compliance, internal control, and ERP systems: the case of mySAP ERP

Book Chapter CategoryEdited book (chapter)
ERA Publisher ID2177
Book TitleEnterprise resource planning for global economies: managerial issues and challenges
AuthorsRikhardsson, Pall (Author), Best, Peter (Author) and Juhl-Christensen, Claus (Author)
EditorsFerran, Carlos and Salim Kuossa, Ricardo
Number of Pages19
Year2008
PublisherIGI Global
Place of PublicationHershey PA, USA
ISBN9781599045313
Web Address (URL)http://www.igi-global.com/reference/details.asp?ID=7437
Abstract

[Abstract]: The effort to comply with the Sarbanes-Oxley Act (SOX) has focused management attention in companies all over the world on the importance of assessing, developing, and maintaining an effective and efficient internal control system. Enterprise resource planning (ERP) systems are a crucial factor in developing such a system. Despite the attention this has attracted in practice, little academic research has focused on this area. This chapter addresses the question: How are ERP systems implicated in Sarbanes-Oxley compliance? It aims to show how SOX requirements regarding assessment and improvement of internal controls are related to the functionalities of an ERP system both in local and global implementations. It examines a solution (mySAP ERP) offered by one specific vendor (SAP) and what functionalities are relevant to global SOX compliance. Based on this, the chapter discusses likely developments regarding compliance functionalities in future releases of ERP systems.

KeywordsSarbanes-Oxley Act; enterprise resource planning systems
ANZSRC Field of Research 2020350102. Auditing and accountability
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Byline AffiliationsAarhus University, Denmark
School of Accounting, Economics and Finance
EDB Gruppen, Denmark
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