Corporate & Securities Law

Never enough time" and "too many competing demands" seems to be the recurring theme, as folks complain about staffing being reduced 10% since 2007, and cashflow being as tight as most of us have ever witnessed.

These complaints seem to come on the heels of

• "This is a great idea, but we've already got 37 strategic initiatives underway, and I don't know if we can manage since we are running 4 FTEs under budget and have two new temps joining our staff this week."
• "We don't know if management is getting the information they need - we're too busy trying to keep up with the recording of our transactions."
• "Send me an invoice [for consulting services], and we'll see how the Procurement process plays out."
• "I've got so many mandatory tasks to perform, I/we never get to the valuable work of analysis and investigation that could really move our company forward."

Have you re-evaluatead your control environment lately?

Full post as published by inside Sarbanes Oxley on April 13, 2010 (boomark / email).