The Sarbanes Oxley Act of 2002 ushered a new era of doing business with an added emphasis on financial disclosures. With an objective of achieving greater corporate accountability, the act asks for companies to ensure that their financial statements are accurate and certified. For companies, this meant updating the way transactions are executed, building internal controls and reporting mechanisms in business processes. While all this may be desirable to achieve higher levels of transparency and shareholder confidence, achieving compliance as per the Sarbanes Oxley Act can be a technological challenge.