Managing IT assets for compliance

Altiris reports it has developed specialized IT asset management software to help IT organizations maintain real-time technology asset inventory and financial transparency to support corporate Sarbanes-Oxley compliance. Altiris Asset Management Suite 6.0 now includes numerous specialized reports that uncover trends within IT asset inventory that can indicate unauthorized use or disposition of assets, depreciation, unnecessary expense or asset waste.

SOX Section 404 requires management to assess and report on the adequacy of internal controls over financial reporting. SOX legislation makes company executives personally responsible for their firm’s financial reporting integrity and enacts civil and criminal penalties for non-compliance.

The Asset Management Suite is said to help IT organizations proactively address SOX requirements by discovering and tracking inventory and determining how it is being used and how much it costs. Altiris further says its software helps ensure accuracy of IT asset data within financial systems, control and document IT activities and proactively manage key IT systems to help maintain their availability, security and accuracy.