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Large corporate failures have always drawn global attention. More so, when they deeply impact the significantly large investor capital involved. The dot com and Y2K bust followed by large corporate failures gave rise to an acute need felt by - The corporate to build up the rapidly waning faith of their investors; The investors to ensure maximum safety and reliability for their investments; and The auditing and governing systems to ensure improved quality of financial auditing and transparent business audits to mitigate executive fraud. Sarbanes-Oxley Act became the newer more stringent regulatory mandate that effectively addressed corporate governance and audit functions being complied to and practiced. Much has been written about SOX. However, some critical questions still remain unanswered. Let’s take a look at these.

ITP Asia, one of the leading publications on the IT Industry worldwide, with readership from Europe’s key strategic decision makers, aims to inform and educate in its coverage of regional issues and developments in technology. ITpreneurs was featured in the Roundtable section. In this article, Katsu Yaginuma, Business Manager, Asia, is featured in the discussion with other professionals from CA, Altris, BMC and HP on "Why 'best Practice' is the best solution for IT Service Management. The discussion was led by Aidan Lawes, CEO, itSMF UK and International.